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.

Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (5722)	12/10/2002 4:26:54 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 24758

The FED is not insane right there we have a fair amount of disagreement...:-) I don't think that the Fed or anyone else can defy gravity forever. There are many who believe that we were on the brink of a major disaster WRT to underfunded pensions. Did you happen to notice that both Ford and IBM announced that their issues with underfunded pensions were now quite manageable? Lucky them that the October rally came along. Wonder if they are adding equities to their portfolios right now in anticipation of further rallies. What I am implying is that a temporary propping of the market can help to avoid a bigger financial catastrophe by distributing the problem amongst a larger group. I have absolutely no proof that this is the case. Do you have an opinion as to whether Ford and IBM pension fund managers were net buyers or net sellers in the past month? Can you think of any other occasions when the FRB has stepped in and taken actions that avert these little catastrophes?