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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Lee who wrote (28721)9/8/1999 12:59:00 PM
From: MeDroogies  Read Replies (1) | Respond to of 50167
 
I'm there with you. AG is THE MAN!
This guy is more forward-thinking than any previous Fed Chairman, and is apparently quite a nerd. He intrinsically KNOWS the value of growth and intends to gear his choices in FAVOR of growth. But not current growth at the expense of long term growth.
What good is a 6% growth rate today, if it is followed by 5 years of 1% (or negative growth)? I'd rather have 6 years of 2-3% growth. It's less "thrilling", but more useful and manageable.



To: Lee who wrote (28721)9/8/1999 1:06:00 PM
From: ynot  Read Replies (1) | Respond to of 50167
 
true, and rates will still go up imho ynot ;)



To: Lee who wrote (28721)9/8/1999 1:07:00 PM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
<<CB - This speech doesn't sound like somebody who is trying to take the punch bowl away, nor does it indicate that the Fed is ignorant of the benefits of new economic realities.>>

Great observatin Lee.. We on this thread are children of this thought, look at message number 2 of this thread wage inflation is dead that was the topic and that was three years ago.. So for me I would go along your observation just established a further very strong position on CSCO, also out isde the monies on TXN. I replaced my 60's and 72 and halves I wanted far bigger position with as little as possible on the stake,,so..

Go long CSCO on this one the most leveraged make will be Oct 75 for 13/4 $.. AOL in my opinion has closed that gap opening and a second cloe of DOT may lead us to that 675 area,

If I break this 1336 area on SPU I will short NDX calls 10% to 15% out to compensate me partially for CSCO calls of Oct, CSCO and NDX have a strong corelation..