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 : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (54932)	1/5/2001 9:35:05 PM
From: James F. Hopkins	Respond to of 436258

I expect he will have to cut rates a time or two more and all the taking heads will have to say that's the cuts are a bad sign ..the market will have to go down until the dollar bottoms.. That's been the fly in the soup all along.. ---------- search.news.yahoo.com As for the Repos I don't know how to explain them ( but look at the accumulation ...and the dollar) say he injects temporary reserves for X days.. 3 to 28 normal ) then the banks pay it back.. but with cheaper dollars. ------------ This system is primarily aimed at letting the Banks run things ( and collecting tax dollars to pay for their mistakes . The rip offs at a carnival don't have half the finesse our bankers have.. Jim PS and when you see "At the time of the action, federal funds were trading at 5-7/8 percent, below the Fed's new 6 percent target for the rate. " Get ready to cover.. As He injected liquid below the target.. This effectively drops the fair value of future contracts for the very Big players.. "fair value" as seen on CNBC is not the same for every one. A lot depends on what the "cost of money is" and the Big boys can get it cheaper.