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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Tommy Dorsey who wrote (7665)5/4/2000 8:23:00 AM
From: Al Serrao  Respond to of 9427
 
A while back someone posted several sites that track money supply. Does anyone those links they could post? TIA



To: Tommy Dorsey who wrote (7665)5/4/2000 8:54:00 AM
From: JDN  Read Replies (1) | Respond to of 9427
 
Dear Tommy: Yes, I know you are right about the expanding money supply, but with the economy expanding what else can they do? A return to tight money would IMHO spell a MAJOR recession if not worse in this country and is totally uncalled for. I also know that tight labor market is true, but you know many other countries have had that. Take Germany for instance, they have in the past imported HUGE quanties of labor from other countries. Why dont we? I never have liked these barriers to free movement of peoples to begin with. If everyone in this country who wants a job has one, whats the beef with loosening up the visas for workers? I am sorry, but I just dont think raising interest rates is the answer, many innocent people are getting killed by this such as the farmers. Interest, like anything else, is a cost of doing business, if ours are highest we are at a competitive disadvantage for exporting and that brings us to the imbalance of trade problem. Plus, to be honest, I AM SICK AND TIRED of hearing about interest rates. JDN



To: Tommy Dorsey who wrote (7665)5/4/2000 8:58:00 AM
From: Daveyk  Read Replies (1) | Respond to of 9427
 
That reinforces my thoughts.Been selling covered calls last two months and getting between 8-15% on them.Nice way to keep money flow rolling.

Dave



To: Tommy Dorsey who wrote (7665)5/4/2000 11:56:00 AM
From: demigh  Read Replies (2) | Respond to of 9427
 
Tommy, I would really like to get a clear understanding of what the FED is doing with money supply. That Econ101 class I took many years ago isn't helping much right now! You are saying the FED is increasing supply, while I've read elsewhere
cnbc.com

that the FED is "draining liquidity big-time". I don't know what to make of this. Is Kudlow way off base? Where can I get some facts? Why is the FED raising rates and pumping up the money supply at the same time? Can you tell I'm confused? :-) Anything you can do to help me out is much appreciated.

Cheers,
Diane