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 : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (3134)	10/8/1998 12:45:00 PM
From: Bogeey	Respond to of 7247

GOD I HEARD THAT!! Do we have any chance of an upswing yet today?

To: Tim Luke who wrote (3134)	10/8/1998 12:53:00 PM
From: Bogeey	Read Replies (1) \| Respond to of 7247

What kind of spread are you working with on xcit today..rough I know since last slide at noon time.

To: Tim Luke who wrote (3134)	10/8/1998 1:00:00 PM
From: joe	Respond to of 7247

Doomspan has been waiting for this moment for years. I can see him now jumping up in glee (in private of course). He'll probably say, let's wait a while and see how much pain the market can take, and then we'll move in when the battlefield is semi-demolished and try to rebuild things his way. It's his way of taking out any bit of speculation in the market. This way he can control monetary policy without worrying about the market for a while. He can lower rates freely, and not have to worry about inflation from a high-valued market. Watch, by 1st-2nd quarter '99, Fed Fund will be at 4 to 4 1/2%...but he won't have to worry about an overbought market. We're learning the age old lesson...don't fight the Fed.