SI
SI
discoversearch

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: AllansAlias who wrote (82741)3/20/2001 1:19:38 PM
From: KeepItSimple  Respond to of 436258
 
>I wonder where the pressures for .75 would be coming from these days?

The pressure is Greenspan's ego and the viability of the fed. 4 trillion dollars of "wealth" has disappeared from people's mutual fund statements, and the number of people who are calling for Greenspan's head increases every day.

The optimal solution for Greenspan is a .75 or 1.0 cut to work the markets into a frenzy, then a quick "retirement" before the bottom falls out again, like Rubin was smart enough to do.

a .75 cut is pretty much assured. i'm buying calls on big cap tech trash right now. all shorts are covered.