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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (8426)	9/6/1998 11:05:00 PM
From: Sergio H	Respond to of 29382

Razor and Max, did Greenie say that he was leaning to lowering interest rates ? I didn't read that in his speech. Sergio

To: Razorbak who wrote (8426)	9/7/1998 5:05:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

<LOL! I wish I had a nickle for every time Greenspan made a comment and then failed to follow through with action. I wouldn't have to hang around SI anymore 'cause I'd be rich. <vbg>> I say you there......Mr. Razorbak with the cheshire grin :-) Thanks for summarizing the discussion. Hope that you didn't break out into a sweat pondering your post (vbg). On to another topic. Can I interest you in Lyco's city guide for Funafuti, Tuvalo ? cityguide.lycos.com Yes Tuvalo is currently on center stage in the Internet wars dept. All over two letters. Sergio

To: Razorbak who wrote (8426)	9/7/1998 5:35:00 PM
From: James Strauss	Respond to of 29382

Yes... Lower Interest Rates Now... Jim

To: Razorbak who wrote (8426)	9/7/1998 6:11:00 PM
From: freelyhovering	Respond to of 29382

Razorback--I have been appropriately chided by Sergio for not posting on the correct post for my vote on interest rates. I think he was getting back at me for seeming to take sides with Jim Strauss. Not true. I do believe however that Greenie should lower interest rates now. So Yes is my vote. Myron

To: Razorbak who wrote (8426)	9/7/1998 6:25:00 PM
From: Gersh Avery	Respond to of 29382

Hi Razorbak .. I understand you are keeping score about lowering interest rates. NO No I don't think he will or should. I think that lowering interest rates will weaken the dollar which will cause foreign investors to pull out of the US market. Weakening the dollar will also cause imports to be more expensive triggering the inflation that he has been so afraid of for so long. The US economy is much more that the just US stock market. My $.02 .. back to your regular game<gg> Gersh

To: Razorbak who wrote (8426)	9/7/1998 6:31:00 PM
From: Sergio H	Respond to of 29382

Razor, Wizard Wine cast a NO vote. I am also casting a NO vote. Sergio

To: Razorbak who wrote (8426)	9/7/1998 6:33:00 PM
From: Ditchdigger	Respond to of 29382

Razor, what is the score so far? Thanks for doing this fine service....<vbg>...DD

To: Razorbak who wrote (8426)	9/7/1998 7:13:00 PM
From: tom pope	Respond to of 29382

Yes/No = it doesn't matter. If the Fed lowers rates it may be pushing on a thread - interest rates are not a good predictor of stock movements at the outset of business declines. My feeling is that there has already been a decoupling. I use an indicator - buy S&P futures when the five day trend in the S&P is down when the 5 day trend in t-bonds is up, and vice versa. It's been a very mediocre predictor recently.

To: Razorbak who wrote (8426)	9/7/1998 7:31:00 PM
From: charles messick	Respond to of 29382

Razorback,......... "Should the U.S. short term interest rates be lowered when the Fed meets later this month ?" NO. The short term results to such an action are very appealing, however I believe US interests, (no pun intended), are better served in the long run by not compromising our economic integrity in order to jack up "others". Chuck Messick (The short term greedy me says YES, YES, YES.)

To: Razorbak who wrote (8426)	9/7/1998 8:06:00 PM
From: ChrisJP	Read Replies (1) \| Respond to of 29382

Dear Razorbak, I vote NO on lowering the rate. Historical trend line for the DOW = 6000 now. Greenspan will not lower the rate just to perpetuate our Wall St. Casino. Nor will he lower rates until Japan has begun to implement true reforms to fix their problems. He will not play his only trump card until he sees signs that jobs and the economy are showing signs of future suffering due to the weakening global economy. DOW will be at 6000 by the time that happens. Regards, Chris

To: Razorbak who wrote (8426)	9/7/1998 8:12:00 PM
From: Tom Johnson	Respond to of 29382

Absolutely Positively YES!

To: Razorbak who wrote (8426)	9/7/1998 8:27:00 PM
From: Robert Meany	Respond to of 29382

Razor: Lower!!! Bob

To: Razorbak who wrote (8426)	9/7/1998 8:40:00 PM
From: Charles A. King	Respond to of 29382

Yes. A quarter point drop would be almost insignificant numerically and would take several months to more than a year to work its way through the system. But its psychological effect would be instantaneous on the entire world and would help to steepen the yield curve. The psychological effect is critical right now to the global business mentality to help keep the stampeding money managers from running off the next cliff. Charles

To: Razorbak who wrote (8426)	9/7/1998 9:19:00 PM
From: JoeinIowa	Respond to of 29382

No way he should lower interest rates. The timing is wrong for it to be of any benefit. Too many companies are cutting back to use a rate cut to spur growth. Plus I just locked in a 30 year mortgage at 6.75 and would feel bad if rates went lower. Jose

To: Razorbak who wrote (8426)	9/7/1998 9:35:00 PM
From: Sergio H	Respond to of 29382

DD, we've had several posts about the Asian markets and the rally expected at opening tomorrow. Razor, I know that you're busy with the survey, but I was looking forward to your viewpoint on Tuvalu. Also, take a look at this e-mail from the WSJ. Mr. Stark is spreading his wings. When we began planning our special report on On-Line Investing, little did we know that events around the globe would provide such a dramatic stage for its release this week. With markets in a state of turmoil, more investors are weighing whether to join the rapidly growing number of people using on-line brokers to trade. Whether you are an experienced on-line investor, just learning the ropes or still considering if it's right for you, our special report has something for you. We examine the players and offer a guide to choosing an on-line broker. We assess how on-line trading is changing the brokerage industry. We also address the safety and regulation of on-line investing. To explore this issue further, join us at 8 p.m. EDT Tuesday for a Voices Event with John Stark, head of the Securities and Exchange Commission's new Office of Internet Enforcement. In addition to a discussion about the potential pitfalls of on-line trading, Mr. Stark will also discuss his role with the SEC. To see the report, go to interactive.wsj.com

To: Razorbak who wrote (8426)	9/7/1998 9:44:00 PM
From: Sandra	Respond to of 29382

Razorbak, My thoughts lately have changed on this......when I was looking for a quick fix to our market, I felt yes, he should lower....but now I say NO. I have a feeling now that the quick fix will not be to our advantage long term. These countries have to address their problems without the quick fixes for it to pay off for us all. Remember tho, its a womans perogative to change her mind...again, and again....>gg< Also wanted to ask you if you had any thoughts on Tuvalu? Sandra

To: Razorbak who wrote (8426)	9/7/1998 10:51:00 PM
From: Henry Volquardsen	Respond to of 29382

no the Fed should not lower rates at its next meeting. US labor markets remain tight and the US economy has shown any significant signs of an easing. Also the Japanese will take it as a signal that the US will tailor its monetary policy to foreign pressures. While ordinarily I would think that would be appropriate in the current environment it would just encourage more Japanese intransigence. If the Fed is concerned with the global picture they can give Greenspan authority to cut between meetings if things start turning south hard.

To: Razorbak who wrote (8426)	9/7/1998 10:51:00 PM
From: JoeinIowa	Respond to of 29382

Razor, I hear you might have the inside scoop on the Tuvalu situation. Please respond ASAP as many of my assets are tied up there. JoseinTuvula

To: Razorbak who wrote (8426)	9/7/1998 11:09:00 PM
From: Doug R	Respond to of 29382

Razor, If I were to cast a vote for lower interest rates it would be for a 1/4% tweak. I see no reason to let the wheels fall off here and risk teetering into a recession just because a bunch of other economies were poorly managed. Somebody has to have room to maneuver and it seems the US should do so. The other distressed economies got in their predicament by not adjusting to their circumstances. I think there's a lesson there. I was also wondering what your thoughts were on this Tuvalu thing? TIA, Doug R

To: Razorbak who wrote (8426)	9/7/1998 11:16:00 PM
From: JEB	Respond to of 29382

I could care less about the interest rates, I'd like to hear more about this Tuvalu. What's up with that Razor? I play the internets. Is this an internet play?

To: Razorbak who wrote (8426)	9/7/1998 11:45:00 PM
From: Jeffrey L. Henken	Respond to of 29382

Lower rates! The probability is being factored into markets all over the world already. If it doesn't happen at the FED meeting September 29th there is going to be a definite reversal in any rallies from here. Regards, Jeff

To: Razorbak who wrote (8426)	9/7/1998 11:59:00 PM
From: Amigo Mike	Respond to of 29382

Hi Razor, heheheheh =) ..... uh hum ..... NO ..... interest rates will not be lowered ! Amigo Mike

To: Razorbak who wrote (8426)	9/8/1998 12:33:00 AM
From: TimbaBear	Respond to of 29382

No, the Fed should not lower rates at the next meeting unless there are definite signs of the slowdown in the US economy....the Fed is not the central bank for the world and it would be follhardy for them to assume that mantle without the corresponding powers....the US economy doesn't show enough slacking to warrant anything but a "pass"

To: Razorbak who wrote (8426)	9/8/1998 12:46:00 AM
From: freelyhovering	Respond to of 29382

Razorback--I understand you are an expert about Tuvala. What is it and what do you think? Is it located in Arkansas? Myron

To: Razorbak who wrote (8426)	9/8/1998 1:53:00 AM
From: paul ross	Read Replies (5) \| Respond to of 29382

techstocks.com

To: Razorbak who wrote (8426)	9/8/1998 10:29:00 AM
From: Ms. X	Read Replies (1) \| Respond to of 29382

Hello Serg and all.. I am not by any means "up" on all of the economic what is what however... I have an understanding that while lowering interest rates now may be an attractive idea, it would generate the economy a little too much creating greater inflation later. In other words, the interest rate hike in the future may be of more consequence under lowering of interest rates today. I'm seeing major moves in gold and oil on the charts. Looking very bullish which does not paint a pretty picture for interest rates. Perhaps they stay unchanged. Take care, jan I am

To: Razorbak who wrote (8426)	9/8/1998 10:43:00 PM
From: tide	Read Replies (1) \| Respond to of 29382

Being Canadian I don't feel eligible to vote, however, looking at our sad situation in Canada (our dollar worth just over .60 US), I can see the pitfalls of high rates. Sure some Canadian exporters appear to like, but their glee may be short lived as we are sliding into a sink hole here. Some Americans come here to visit & like it, WOW that US$ sure goes a long way! Everlasting big debt, big spending Govts, have pushed us to the brink. Interest rates & taxes are killing our economy so my thought would be: I definitely don't want high interest rates, whether US rates should be lower? Perhaps not, as US is very competitive now, but not higher. Don't let Govt get bigger resulting in bigger spending & inefficiency. Preventing this is the paramount theme I see to a healthy economy. JMHO. tide