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 : Stock Swap -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (15752)	10/27/1998 2:19:00 PM
From: Hollywood	Read Replies (1) \| Respond to of 17305

Patrick, Thanks for your response. Not only are you a Market Guru, but by being first to respond to my question you have successfully obtained the title of "Exalted Market Guru". Congratulations on your promotion. I am one of the "average" people of which you spoke, and while the importance of the bond market seems rather intuitive, I don't pretend to know its intricacies. When I read the article I understood his point to be the following: the Fed is now primarily concerned with the bond market and will have to take the actions necessary to improve liquidity, etc., regardless of what the effect is on the equity market. I've never known Cramer to go overboard s, so for discussion purposes I'll accept this as a generally correct premise. He's made a case for the overnight lending rate to be reduced to around 3%. Seems like a lot to me, but I don't know the bond market. Do you see this as a possibility, and if so, what effect do suppose it will have on equities? Hollywood PS- I don't see any stocks being discussed here today, so I figured I could talk about anything I like.