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.
Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (10677)8/6/2002 12:20:12 PM
From: Dave Gore  Read Replies (2) | Respond to of 16631
 
Jorj, "overexagerrate" is a just an opinion. Hey, you implied that I was for more rate cuts, which I could say is more bothersome because it shows a lack of respect for being accurate about what I said. Hey, no big deal.

Just don't ignore that I said that lower rates are NOT really warranted. I just want LOW rates and as long as inflation and delation are under control, that's fine. I was trying to find the bright side of further rate-cutting, but I actually agree with you that we don't need it. I actually don't think the FEds will lower rates. I also agree that many people are way too fiscally unresponsible. We should save more as a nation, but ironically Japan is doing poorly largely because their savings rates are much, much higher than ours. Bizarre!

I think the Feds have a handle on things. I think A.G. and company are a lot more in control that Japan ever was. They screwed up a few years ago and raised rates one too many times, but I think the U.S. economy is in decent shape. It's been a lot worse (i.e. early 90's, early 70's). Inflation has been low for many years.

I think your opinions are well thought out. I just happen to think you're off on this one. And you think I'm wrong. So be it, that's cool. It's America, man!