SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sandeep who wrote (72930)2/28/2001 12:23:02 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
i haven't changed my opinion of him. as mentioned before, another intra-meeting cut risks backfiring in a big way, as confidence is already shaken by the fact that the first two cuts were unable to stop the stock market collapse.

regarding a possible high today, the ST cycle has obviously inverted. there's a good chance we'll see a little rally commencing in a day or two, and lasting into the 5th. mufus will try to mark up their holdings as the month ends, and the autopilot 401 K money is going to be deployed.

of course the market is in the early throes of an outright panic, so bounces should remain relatively shallow. the early March period looks negative to me, with the exception of aforementioned brief bounce.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News