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.

Strategies & Market Trends : Tragically Hip Koolaid Stand -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (444)	11/30/2000 12:47:22 PM
From: Lost1	Read Replies (2) \| Respond to of 604

stopped out of QCOM trade already..the mkt gods are telling me to stop trading..ie JNPR short still hurting me even though we are in carnage territory how can you be losing on a short on a day like this?

To: Jorj X Mckie who wrote (444)	11/30/2000 2:35:40 PM
From: John Pitera	Respond to of 604

it's probably better to have a weaker close... the FED is finally getting the numbers they want. I will almost guarantee that we hear something from the Fed before Dec 19th....some dovish type of statements on Inflation and the economic slowdown. St. Louis Fed president Poole (FOMC voter in January) is in Germany outlining the broader goals of Fed policy without a hint of a softer tone at the December meeting. The text was prepared before this morning's frightening read from the Chicago PMI and presents a firm stance on policy arguing that the "paramount" inflation objective sets the policy tone as shorter term objectives take a back seat. We're hoping to hear something more in line with a neutralizing in the policy assessment before the FOMC meets on Dec 19. While the passengers in this economic nosedive scream for assistance, still nothing from the mouths of the Fed.