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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Activatecard who wrote (64718)	12/19/2000 10:38:33 PM
From: Tom	Respond to of 99985

Thank you, SAF. Mr. Moto makes a critical discernment, I believe, by explaining the net of the outright purchases is not his primary concern. The net figure, which is displayed in the Fed's regular accounting of their open market activity, belies the genuine impact of their policy conduct. Well, you can see Moto's own words on this subject in a Late Note to his last commentary. piraz.com I wonder whether the person that precipitated Moto's note wasn't Jim Grant in his latest issue, declaring the Fed has added liquidity only grudgingly. I think Jim's going to have to get up pretty early in the morning to get one by Motosan.