SI
SI
discoversearch

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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (134471)11/9/2001 12:33:10 PM
From: Victor Lazlo  Respond to of 164684
 
<<Point is, the economic effects of any cut in rates takes time. People don't sit in front of CNBC, hear about a half-point cut and say "hey, I'm gonna go car shopping today - thanks >>

I understand that RD, and i've refi'd too. My point is it's like losing weight- the first ten or 20 lbs are easy or relatively so, then after that it gets increasingly more difficult.

I think we're finally feeling the benefits of the cuts (and the attendant expectations of sustained consumer and busness spending) and the dimishing shock value of the anthrax reports, but I also think the market upside from here is very limited.

I know i'm rambling here; sorry!
Victor