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 : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (52505)	9/19/2001 4:38:05 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

The futures are looking UP. December '01 ( NDZ1 ) 1263.50 +30.50 1235.00 1265.00 1233.00 1233.00 03:19 Dec 01 up $30.50. I read Japan too is UP. :0) Stan

To: Jacob Snyder who wrote (52505)	9/19/2001 11:49:49 AM
From: Sam Citron	Read Replies (1) \| Respond to of 70976

[AG's] recent statements, and even more so his actions, tell me he currently sees zero inflation risk, none at all The one statement that you have to support this contention came from the FOMC on 9/17: "For the foreseeable future, the Committee continues to believe that against the background of its long-run goals of price stability and sustainable economic growth and of the information currently available, the risks are weighted mainly toward conditions that may generate economic weakness." federalreserve.gov They also stated: "The Federal Reserve will continue to supply unusually large volumes of liquidity to the financial markets, as needed, until more normal market functioning is restored. As a consequence, the FOMC recognizes that the actual federal funds rate may be below its target on occasion in these unusual circumstances." ibid federalreserve.gov The first public testimony from AG since 9/11 will be tomorrow. Let's all listen closely to what he has to say. Sam