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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (51667)	5/14/2001 10:03:51 PM
From: Berney	Read Replies (1) \| Respond to of 94695

It seems like only yesterday it was Dow 16,000. Now that's inflation. <gg>

To: GROUND ZERO™ who wrote (51667)	5/15/2001 7:55:52 AM
From: robert b furman	Read Replies (1) \| Respond to of 94695

Hi GZ T minus 7 hours and counting all systems GO. If a 1/2 point rate cut occurs at the FOMC meeting ( as futures suggest ) , we'll be 3/4 of a percent lower than the low of 99/00 cycle. These rate reduction have all been a 1/2 and they have been back to back (compressed in a shorter time period) than ever before. I'm a believer in these moves having a lag ( 6- 12 months ). It must be noted that it has already been 5 months since the first rate reduction. If it is always darkest before dawn - then it is about as low as we go right in here somewhere. The rate reductions have reduced my floorplan costs by 25-30 %. My selloff of inventory has been accomplished and I am aggressively reordering the last of 01 product.The biggest fear is GM will not gear up and produce 01's (which will have better incentives).So from my perspective when the turn comes it will come quickly and the buzz words will be: " What correction?? - TO DA MOON BABY. It is incredible how short investors memories are. I believe it is safe to count on this - as greed erases most memory cells. gggg Bob