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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (28289)9/17/1998 10:54:00 PM
From: Kris  Read Replies (1) | Respond to of 94695
 
When there are inflows to the funds, Maria says, "So we'll really see some buying here, folks." And when there are outflows, she says -- NOT using the word outflows, of course, "There's lots of money waiting on the sidelines so we could see a big rally today, folks."



To: Oeconomicus who wrote (28289)9/17/1998 11:29:00 PM
From: Monty Lenard  Respond to of 94695
 
Hi RD, there was an interview on (I believe) CNBC this afternoon with the lady who heads up the dept you were referring to here. "but if regulators are telling banks to be more stringent in their credit standards and the banks are taking huge hits - it matters not from where". Her statement went something like "We are keeping a watchful eye on banks lending practices and are a little concerned with the trend but are not concerned enough to take any action at this point." This is not an exact quote but basically she lead me to believe that they had sent a warning out that they would take action on this matter if it did not improve.

Monty



To: Oeconomicus who wrote (28289)9/17/1998 11:43:00 PM
From: bobby beara  Read Replies (2) | Respond to of 94695
 
<<>>><<<Toss in the huge losses the banks are reporting and guess what - CREDIT CRUNCH! The Fed can cut rates all they want, but if regulators are telling banks to be more stringent in their credit standards and the banks are taking huge hits<<<<

CCI with a 50% haircut, they must give out more 100,000 credit cards to improve earnings -g-

Banks get slammed in a low interest rate environment????

The next major bull market will be in gold and gold stocks. It started september 1st.

Your herd it her furst, paper sucks (take it from one who knows, I'm a printer-g-)

bb