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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (81525)	6/8/2000 1:32:00 PM
From: Richard Gibbons	Read Replies (1) \| Respond to of 132070

Hi Michael, Any thoughts about KSS as a put candidate? Richard

To: Knighty Tin who wrote (81525)	6/8/2000 9:01:00 PM
From: valueminded	Read Replies (2) \| Respond to of 132070

Mike/Earlie/All: I dont believe the FED has wiggle room. AG will want to leave it loose as a goose, but the PPI and CPI numbers are going to hurt. He may ignore them but only at peril of the dollar. I dont doubt that he doesnt want to tighten, I just dont think he will have any choice. If he misses a quarter point here, he doesnt get another chance until august. I think the slow down doesnt buy him any wiggle room either. Our trading partners are the only reason the dollar is strong. If we stop consuming their goods, they may be less inclined to support our dollar. Especially as it becomes obvious that they will have better returns at home. Finally, I think the ECB's half point rise sends a shot across the bow which will also force AG to defend the greenback. That said, (and I know you like currency calls) its just I am not familiar with that technique yet. So do you like any puts ? I already own the financial and technology index but am considering rmbs (aug 120 if I can get at 2) and IBM july 110 as it appears that the momo managers want to support it well. PS Where is the HiTech strategist this month, I have not received mine yet. thanks in advance oh odorous one (or was that omnicient one?)<g>