Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (68338)	10/12/1999 9:03:00 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 86076

Well said. Plunge Team will be up early.

To: pater tenebrarum who wrote (68338)	10/12/1999 10:05:00 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 86076

Masterpiece Theater...-g- Meyer noted that some people believed that since monetary policy was used to supply liquidity when credit markets faced difficulty, it could be used to protect market prices in a downturn. But he noted that Fed Chairman Alan Greenspan had ''emphasized that monetary policy does not operate with a target for equity prices when they are falling any more than it does when equity prices are rising.'' Policy can respond ''only indirectly to equity prices'' by taking them into account as one gauge of overall demand, Meyer said. biz.yahoo.com