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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (1173)2/23/2001 1:00:04 AM
From: JRIRead Replies (2) | Respond to of 24758
 
ahaha- Just stumbled on your thread...and think you raise some provocative pts....a couple questions, if you will:

(1) What are your targets for the final flush-out for Dow and Naz? Timeframe?

(2) (Forgive if this sounds naive, but) If I understand your explanation of liquidity then, the Fed can pump all they want, but if that money is going into mattresses, holes in the ground, etc...or other places then its attended purpose...then the expression, "pushing on a string" is valid....or, another possibility...they could lower interest rates to 0%, but if banks won't lend to start-up telecoms because they see them (the start-up telcos) as a bad credit risk, then there is no liquidity added to that particular situation (and, as a result, the lowering of rates doesn't help, say- Cisco, sell any more equipment to that soon-to-be bankrupt small telco)...pushing on a string, in Cisco's case?