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.

Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Steve Dietrich who wrote (43011)	4/18/2001 5:25:14 PM
From: Charles Tutt	Read Replies (2) \| Respond to of 64865

Although I don't think we've escaped the business cycle, I also don't think it's necessary for the Fed to artificially induce one, which is what happened this time. They're operating with a lag, which any first year engineer can tell you will result in an oscillator if not sufficiently damped. Edit: BTW, I think after one more cut they should exit the picture and let things take their course. Bet they don't. JMHO. Charles Tutt (TM)

To: Steve Dietrich who wrote (43011)	4/19/2001 6:39:06 AM
From: JDN	Respond to of 64865

Dear Steve: I agree with Charles on the FED. They never should have raised rates so high to begin with and never should have waited so long to correct their error. I believe it all started with AG being afraid of the bogieman inflation. Well, we NEVER had any inflation PERIOD. But, in his HASTE to make sure inflation didnt occur he decided to bring down the stock market as he felt those FALSE GAINS could and would fuel inflation. IMHO that is not the job of the FED or anyone else other then the collective market. Frankly, I never sold anything other than to insure I had no reportable capital gains in 2,000 and I did buy some on the big dip. So, in the end, probably means nothing to me, but a lot of people have been hurt VERY BADLY over this. JDN