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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (28650)	9/23/1998 3:02:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 94695

Vitas, The scans last nite indicated some of the largest positive volume in a long time for the R2000. Put some in Small Cap funds last week & week before in anticipation of this. I have to give J. Hopkins credit for calling it long before I did. Since I know some of the indicators you look at, I know you have been looking for it also. Just wonder how long it will last? Monty

To: Vitas who wrote (28650)	9/23/1998 3:23:00 PM
From: Monty Lenard	Read Replies (2) \| Respond to of 94695

Vitas, will he lower rates? If he does, this crazy market may go back to new highs. Is he willing to chance more I.E.? > "When I testified on monetary policy in July, I explained that the > Federal Open Market Committee was concerned that high--indeed > rising--demand for labor could produce cost pressures on our economy > that would disrupt the ongoing expansion. I also noted that a high > real federal funds rate was a necessary offset to expansionary > conditions elsewhere in financial markets. By mid-August the Committee > believed that disruptions abroad and more cautious behavior by > investors at home meant that the risks to the expansion had become > evenly balanced. Since then, deteriorating foreign economies and their > spillover to domestic markets have increased the possibility that the > slowdown in the growth of the American economy will be more than > sufficient to hold inflation in check." Beats my Queens! Monty