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 : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (4613)11/12/1998 11:39:00 AM
From: Gersh Avery  Respond to of 11051
 
Hi Chris

Market looks like it wants to go up into FOMC meeting. This will not be good unless the Fed reduces by .50 or more. IMHO if they reduce by .25 will produce the same reaction as no reduction at all.

I would estimate ~700 DJIA point downward reaction.

But then .. if the Fed does the .50 trip then we could see a strong reaction to the up side.

The charts whisper that kind of number .. we'll see.

Gersh


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News