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: patron_anejo_por_favor who wrote (123290)	9/18/2001 1:22:01 PM
From: Gut Trader	Respond to of 436258

Don't underestimate the power of denial-ng-

To: patron_anejo_por_favor who wrote (123290)	9/18/2001 2:47:18 PM
From: BigMoney	Read Replies (1) \| Respond to of 436258

patron, i think we will continue to drift lower as they start turning off the spigot. the fed and its collaborators succeeded in what they set out to do yesterday: prevent a total meltdown. now that disaster has been "averted", they will slowly, and in an orderly fashion, withdraw those funds to limit their own risk. the market still has yet to price in the current economic situation. market probably should have gone down 15-20%, instead of just 8%. the rest of the decline will probably occur over the coming weeks. J2P will notice a 20% drop less if the decline occurs over months, instead of all in one day.