SI
SI
discoversearch

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 : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: Yogi - Paul who wrote (4734)10/15/1998 8:35:00 PM
From: LK2  Read Replies (1) | Respond to of 9256
 
Yogi, re: all Fed rates are largely symbolic.

That's why I'm asking a functional person (like you, who seems to be able to actually make money in this market), what I'm supposed to be doing.

I can worry about the symbolism later.

Regards,

Larry

PS: However, I do regard this last rate cut as significant. The market might drop again, but the lows for this year have most likely been set. And I will bet that next year's lows will be higher than this year's lows. (Which is a technical/weaselly way of saying next year will be positive).