Ask DrBob Message Board - Msg: 19053011

STOCKTALK

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.

Strategies & Market Trends : Ask DrBob

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Louis V. Lambrecht who wrote (79131)	6/22/2003 8:39:59 PM
From: mike60613	Read Replies (1) of 100058

LVL <<But for the Dollar, I don't get it. Don't fight the Fed, but the Fed is playing with "leaks". One day hinting for 50 bp cut, the other 25 bp cut. If they cut 25 bp, they could signal to the market that the economy is under control and this could start a rebound of the Dollar. (A tad short of closing a gap today. Wouldn't need much to start a rebound. A tad short of giving me a buy signal. The Dollar? Yeesh!). Market could follow, so, not the time to buy gold. OTOH, 50 bp could signal that this would be the last move, and also be interpreted positively.>> I'm clueless on the reaction to the fed move as well - it can be played either way - my gut say sell the news, but I'll probably just watch.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next