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 : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: JDinBaltimore who wrote (39162)	4/19/2001 9:20:15 AM
From: The IB Dude	Respond to of 50167

Funny. I thought you wouldn’t show your face here again after the extraordinary day in the market. Must have lost mega bucks or let me guess, you were long since last week, a closet long. It wasn’t a high priority of mine to reply to some dimwit who hadn’t the nobility to apologize to my father for his infamous actions. You took much satisfaction from highlighting my father’s incorrect calls but did you have the guts and courage to congratulating my father for sticking to his principles, his beliefs and what he stands for? <<Friday, Mar 23, 2001 8:10 AM View Replies (1) \| Respond to of 39143 I feel oJ they will cut like they intervene in hte currency markets, not on down day they will cut in association with a big positive news, today can be one such day. Remember, they will cut when markets are up big, they want to catch the bears on the wrong .. From IQBAL LATIF at Mar 20, 2001 6:15 PM Paul Tsong did that in 1998 ASEAN crisis, but FED should not, in my opinion short sellers have to create an environment of extreme pressure, SOX 540 is a support so is IIX 171 and DOW 9800, all of these are under attack I would not be surprise to see a run to 1128-18 band to run the stops, the Fed has done the job let the corporates deliver their earnings or outlook and we have to face it.. In my opinion FED job is to run the economy and not to stabilise these markets, if FED becomes a direct instrument to buy futures, remember Le Fontaine of the SDP had to leave the government in Gemrmany for pressurising the bundesbank or ECB to change the monetary policy for economic revival. We need this coherent policy, the short sellers will have to cover..The FED like in case of LTCM operates behind the scenes and indirectly, undobutedly the shorts have a upper hand..all this liquidity, cut in discount rate to 4.5% is just a preamble..like in currency markets the intervention timing is important....that you will see..>> He has been proven right but I see no congratulations, which a real man would do. Remember the wind can blow as hard as it likes but the mountain will never waver. My father stood his ground and as Churchill put it so nicely “ This may not be the end, no not even the beginning of the end, but perhaps it is the end of the beginning?” You owe an apology to my father for kicking him when he was down and for ridiculing him when all seemed lost. You still have time to remedy your actions and your next post will define the man that you are. What is it going to be?