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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: CAtechTrader who wrote (31811)	2/23/2001 12:21:33 PM
From: Nick	Respond to of 65232

Bill Gross must be Greenspan's guru, and has forbidden him to act before March 20. The markets can go to hell, as far as he is concerned - it's not his job to calm them down!

To: CAtechTrader who wrote (31811)	2/23/2001 12:24:17 PM
From: Hobie1Kenobe	Read Replies (1) \| Respond to of 65232

CATech - do you know which hedgie is getting liquidated today, or is it just a rumor? This is getting pretty close to out of control.....

To: CAtechTrader who wrote (31811)	2/23/2001 12:24:21 PM
From: stockman_scott	Respond to of 65232

Yes...IMO Greenspeak missed the opportunity to step in last fall and ease rates....that cost him big time and now he is WAY BEHIND THE CURVE with the easing. If he waits until the next meeting he will cause GREAT psychological damage to consumer confidence and to the markets. I feel he should step in today and cut another .50 basis points. He needs to take swift and decisive action and make up for lost time. In this crazy world the markets seem to be waiting for him to step up to the plate. It will be very tough to stage a rally without FED intervention. I wonder what Greenspeak has in his IRA <VBG>. Best Regards, Scott

To: CAtechTrader who wrote (31811)	2/23/2001 12:28:48 PM
From: edamo	Read Replies (1) \| Respond to of 65232

ca...not sure if greenspan will move prior to fed meeting... only consolation is the overall market is reacting less violently to stock specific news, semi index still appears in some what of an uptrend, some issues trying to hold bases.....especially those that are more linear from the down open... slow bleeding is more painful then a swift shot....i don't think we will see a selling climax as past markets have reversed with....why? because of the divergence of the dow and nasdaq....... a slight reversal today, with a decent close could encourage a higher open on monday....providing the weekend is benign... good luck ed a.