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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (124092)	1/3/2001 2:21:58 PM
From: Gary Ng	Respond to of 186894

GV, Re: A move this drastic worries me. Greenspan is a gradualist. A sharp move means that the economy is much worse off than we think. And this isn't just my normal (blue) devil's advocate speaking, this is real worry I have the same opinion, even back before the December meeting, I have said that if there was a 25 point cut, I would take the opportunity for the rally to adjust my position. gary

To: GVTucker who wrote (124092)	1/3/2001 2:23:10 PM
From: deibutfeif	Respond to of 186894

GV, re:...A sharp move means that the economy is much worse off than we think... great, the Fed goes from not recognizing the problem to panic.(?) :^/ ~dbf

To: GVTucker who wrote (124092)	1/3/2001 2:25:16 PM
From: Tony Viola	Read Replies (3) \| Respond to of 186894

GV, this 1/2 basis point cut is no bigger than the 1/2 basis point raises we got last year, is it? He should have started earlier, 1/4 is a nit, maybe they realize that they smashed into smithereens a damn solid economy for little inflationary threat and a lousy quarter wouldn't have done anything. Tony

To: GVTucker who wrote (124092)	1/3/2001 2:39:08 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 186894

GVTucker,<<<A move this drastic worries me. Greenspan is a gradualist. A sharp move means that the economy is much worse off than we think. >>> It doesn't mean a thing. AG is not a computer program. He is after all a very political animal. Yes, he caved when he raised the last 50 basis points and he caved in giving it back. There is nothing fundamentally wrong with the economy - just a lot of people screwing around with something they don't really understand. It's not the economy, stupid <ggg>, it's economists that should scare us. Mary

To: GVTucker who wrote (124092)	1/3/2001 2:46:02 PM
From: Road Walker	Respond to of 186894

GV, re: "A move this drastic worries me. Greenspan is a gradualist. A sharp move means that the economy is much worse off than we think. And this isn't just my normal (blue) devil's advocate speaking, this is real worry." I am pretty convinced that things are going downhill fast. And I think the market is convinced. Better to get some significant action than to go through earnings announcements without a light at the end of the tunnel. But I know what you are saying. Hard to believe they didn't go to a neutral bias in October. IMO that's when they got behind the curve, now they have caught up, but it took a dramatic move. John