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.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: nihil who wrote (68997)	10/3/1998 3:52:00 PM
From: Lee	Respond to of 176387

Thanks Nihil, In all these years, I've taken the actions of the Fed for granted. For instance, in '94, they used to regularly intervene in the Forex markets and I just assumed that it was a normal and necessary operation to stabilize markets. It's just that from '94, when I first started trading bonds and currencies, until now, I never questioned or thought to review the mandate of the NY Fed. Thanks very much for the link to the NYFED. Sometimes in our haste to get data, we forget to read the basics. <G> BTW, it's not surprising about conspiracy rumors even though the Fed has managed very orderly markets for a good number of years now. Best, Lee