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.
Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (56150)10/23/1998 10:16:00 AM
From: donald sew  Respond to of 58727
 
Lee,

If the pullback is fairly strong and quick early next week, then I will go long. If the bottom of this downswing is closer to the FOMC meeting then, you are right I will hold off.

Lets say that we dip to 8300 or lower by next week. There will be 2 weeks for the market to move up before the meeting. Something like buy the rumor or runup to the news.

Seeya



To: Lee Lichterman III who wrote (56150)10/24/1998 6:07:00 PM
From: Elroy Jetson  Respond to of 58727
 
Wow! I just heard Jack Kemp on Evans & Novak saying the Fed should quickly inflate the money supply until the price of Gold increases to $325. He said Steve Forbes wants a $350 target price.

He always claimed that a "gold standard" would prevent inflation by the Fed. Now he wants the Fed to create enough inflation to bail out his losing gold investments! George Bush was right when he called the ideas spouted by these boys Voodoo Economics.

Every idea just another attempt to loot the US Treasury, increase taxes on the middle class and eliminate taxes on the wealthy. Now they want a government bail-out of investment schemes gone wrong. Amazing!