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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (42871)	3/1/2001 2:33:02 PM
From: Gary Ng	Read Replies (1) \| Respond to of 70976

michael, Re: And as far as ridding the market of speculators, i suspect many more investors are being injured on this move to 2000 than speculators I would disagree here. If one is not in margin, all it hurt would be some paper profit(may be loss) that has some psychological effect but no real money exchange. gary

To: michael97123 who wrote (42871)	3/1/2001 2:37:28 PM
From: Jerome	Read Replies (2) \| Respond to of 70976

Dont quite understand what harm an intermeeting cut would have done It would have done a lot of harm. It would appear that the Fed is in a panic mode with the economy. It might have implied that the Fed is concerned about the stock market. In the market we would have gotten a one or two day rally and the pundits would come back and say, "the economy is in worse shape than we thought, because two unscheduled rate cuts were required" IMO, neither the economy nor the Fed should turn on the dime of public opinion. Jerome