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


To: Philipp who wrote (30763)10/8/1998 5:16:00 AM
From: thebeach  Read Replies (1) | Respond to of 94695
 
You said a bad word.....media,F--- the media.CNBC is going too far and others as well.Serious money is being lost on paper as well as for real and the media is making light of the situation.The boys on squawk box used to get my attention but not now.



To: Philipp who wrote (30763)10/8/1998 7:21:00 AM
From: donald sew  Read Replies (2) | Respond to of 94695
 
>>>>>>>>>if the fed eases one full point we will be at a better point to finally head north again,in 1987 the fed eased by a point within days of the crash.<<<<<<<<

>>>>>>> They did and undoubtedly they will do this again, though they will be a bit more careful this time, since last time the Fed overreacted by easing too much after the stock market correction, thereby causing inflation and the next severe recession.<<<<<<<<

Those dreaming that the FED will cut rates by a point - well lets just say they are dreaming. I hear little discussion of the huge drop in the US DOLLAR. US$ was trading at 135-140 YEN for a long time, now trading under 120.

seeya