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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Berney who wrote (9054)2/23/2001 12:20:08 AM
From: MonsieurGonzo  Read Replies (2) | Respond to of 11051
 
TB> SUNW: another NT-like, after-hours bombshell :-/

well, friggin' system feels broken, man. Like, it ain't workin' anymore. Banks afraid to loan; Consumers afraid to buy.

Spoke with some brokers/MM's in Houston today: "we're frozen ~ we all want to buy something (on a day like today) but, we're not doing anything. Just sitting around here, no customer orders coming in / no calls to clients going out."

out here on the LeftCoast, BizBuzz ain't about old-nooz dot.coms, worthless employee options or, margin calls; we're talking about real estate mortgage defaults and... banks' provisions for loan losses.

FED/Treasury gotta be concerned about normal (seasonal) "big sucking sound" 15-APR TAX-TIME impact on liquidity, too!

in the past, whenever the friggin' system started to feel broken ~ we got either: "private" WallStreet money comin' in, one of those explosive bear market rallies; or, one of those "emergency" un-scheduled FED rate cuts. imho, we need 0.25 point cut NOW, and another 0.25 point cut at the end of March... just to stay viable.

-Steve