The market has now priced in a 50 per cent chance of a rate cut
What made the market drop was the percentage going down towards 0 per cent, but the bulls are getting deluded again
Here we go again...
Started by
relax
, Jun 28 2007 03:21 AM
2 replies to this topic
#2
Tor
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- Traders-Talk User
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Posted 28 June 2007 - 05:10 AM
The market has now priced in a 50 per cent chance of a rate cut
What made the market drop was the percentage going down towards 0 per cent, but the bulls are getting deluded again
Maybe the bears are right, looking for confirmation of a trand change to trade a decent move down............maybe soon comin, but flat for the moment. We may go to new highs if rate cuts are on the agenda IMO.
Good trading.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#3
relax
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- Traders-Talk User
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Posted 28 June 2007 - 06:10 AM
I agree market will cheer any possibility of rate cut
Can't blame you for being flat - this is a tough one
Any gain will be sold IMO
Bears will win the IT battle, just a matter of time - come on bulls prove me wrong ;-)
Can't blame you for being flat - this is a tough one
Any gain will be sold IMO
Bears will win the IT battle, just a matter of time - come on bulls prove me wrong ;-)
The market has now priced in a 50 per cent chance of a rate cut
What made the market drop was the percentage going down towards 0 per cent, but the bulls are getting deluded again
Maybe the bears are right, looking for confirmation of a trand change to trade a decent move down............maybe soon comin, but flat for the moment. We may go to new highs if rate cuts are on the agenda IMO.
Good trading.
