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.

Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (25841)	1/6/2000 6:06:00 PM
From: fuzzymath	Read Replies (1) \| Respond to of 64865

JDN, I don't think Greenspan is controlling rates at this point. Rather, he's reacting to the bond markets. He has even less control over the dollar. If it's going to fall, it's going to fall. I don't say a high dollar is ideal, either. I just know that a falling currency causes falling bonds (higher rates) in a country, and there is a correlation between falling currencies and crashing stock markets. A nice stable dollar is what we really want, given how good our economy has been. Why rock the boat? But if the boat starts rocking, I usually put on a life jacket. Which is why I exited the NASDAQ two days ago. Today I bought back in, by the way, but this time into the dull NYSE/S&P world (FFIDX). If all the big guys are switching from techs to cyclicals (or whatever), I may as well do so too. There's a lot of money waiting to be unwound from this NASDAQ-only rally of recent months. Kevin