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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (95959)	4/18/2001 5:21:48 PM
From: Ilaine	Read Replies (1) \| Respond to of 436258

The Fed didn't cut for the stock market - it's been coming back up recently, remember? It was going up today before they cut. The weekly data for the components of the money supply come out tomorrow, so we may have a clearer picture then. The daily data on the Fed funds rate shows that it was creeping up over 5% for the past week or so, even after all the coupon passes Vi was posting about. When I got to my office this afternoon, I saw that every lawyer had two flyers in their inbox from a lending officer at First Union. One was an offer to loan money to purchase or refinance business property at prime minus .50%, 15 year term, no balloon. The other was an offer for up to $50,000 low doc unsecured business line of credit. I have never seen anything like this before.