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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: fedhead who wrote (11261)5/2/2002 6:44:46 PM
From: 16yearcycle  Read Replies (1) | Respond to of 57684
 
"Why doesn't the fed just print money and buy tech stocks ?"

Not funny. Although it is buying defense equipment if you missed that.

By the way, it might be a good idea if the fed printed money at a growth rate that kept up with the rate of population growth, especially around the time that the economy is growing very slowly or contracting. Seriously. Or maybe they should just finish off the job they started in January 2000 by taking 50% of the money out of circulation, burning it, and not printing any more for about 20 years. Maybe then idiots who don't understand the effect of a contraction in supply will get the idea.



To: fedhead who wrote (11261)5/2/2002 11:44:59 PM
From: techanalyst1  Read Replies (2) | Respond to of 57684
 
That's funny. Why don't companies and insiders buy more shares of their own companies or other fine tech companies? They printed enough money for themselves these last two years. Instead we see the likes of jdsu insiders with a plan to sell shares on a regular basis..... even with the stock at the 98 lows.

Stocks getting upgraded and they pop for a day or maybe just an hour and then fall back down. We don't trust the brokers and there just isn't enough follow thru to get any kind of rally even if we did.

The fed can add liquidity, but if there is nothing but short covering, it won't last. They ran out of bullets. They can't help by lowering rates more. The only thing that will help is added demand for tech products which who knows how much time that takes.

What a fine mess we made of the stock market the last few years.

TA



To: fedhead who wrote (11261)5/3/2002 1:28:40 AM
From: Bill Harmond  Respond to of 57684
 
nytimes.com