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.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (7806)	12/20/2000 12:03:56 AM
From: DaYooper	Read Replies (1) \| Respond to of 13572

Stupid comments about being more worried about inflation than a recession. What the hell was that all about, other than what I suggested in the first place: Greenspan wants to kill this market cause it ain't dead enough. Mike, When it was clear that rates needed to be raised the pundits were quite confident that alan would only raise one quarter percent each meeting labeling him a "gradualist". Now that it's time to lower rates we should not be surprised that he used one meeting to move from a tightening bias to an easing bias. Clearly the handwriting is on the wall for the late January meeting. He simply believes in moving more slowly so not to create an unneeded sense of urgency or panic. The next meeting is not too far away and I think the bottom will be made well before then. Even you may be going long well before that meeting. -ggg- Good luck, whichever side you play. Rory