Waiting for the big Kahuna Message Board

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 : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Berney who wrote (20984)	6/26/1998 9:17:00 AM
From: Gersh Avery	Read Replies (1) of 94695

Hi Berney .. got a couple of seconds now that I can spare. Looks to me like the liquidity situation got ahead of itself. Fed fund interest rates show that the market grew faster than the liquidity that was being made available. We got a fresh fix this morning and should resume the move up. In addition to the cash from the fed being injected into the banking system, we are coming up on the end of month and should start to see the 401k/IRA cash inflows. That inflow should keep us going for the next week or so. Now .. there was some currency fear reflected in the trading yesterday. I think that there may be some fear about China. China could pull the plug on this party. Gersh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next