on the floors 10:00 rate cut only rumor!
rumor!
Started by
beardown
, Aug 21 2007 08:53 AM
11 replies to this topic
#2
eminimee
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I don't care who's fur is flying...
Posted 21 August 2007 - 09:03 AM
Without trying to sound smart...but what else would it be?....any information before it happens has to be a rumor.....it's whether the rumor gets proved true or false is the question... 
#3
Jnavin
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#4
steve
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Posted 21 August 2007 - 09:14 AM
No rate cut at 10:00 am, ES futures down a quick 8 points.
When is the next rumor? Traders need to know.
#5
SemiBizz
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Volume Dynamics Specialist
Posted 21 August 2007 - 09:18 AM
If Bernanke, who denied for MONTHS that there was any problem with liquidity, comes out of this meeting today and lowers the rate... he will no longer be a rookie - he will effectively be BENCHED...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
thespookyone
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Posted 21 August 2007 - 09:18 AM
Buy the rumor, sell the news? 
#7
Tor
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Posted 21 August 2007 - 09:27 AM
Senate Banking Chief meets with Bernanke and PaulsonBuy the rumor, sell the news?
The data calendar is very light today (only the usual chain store sales data at
7:45 am/8:55 am) but a couple things to watch out for. First, Senate Banking
Committee Chairman Dodd will give a press conference at 11:00 after a closed-door
meeting with Ben Bernanke and Treasury Secretary Paulson. Also, Richmond Fed
President Lacker (non voter) speaks to a group of risk management professionals
and Q&A is scheduled, which could be interesting at 12:30 pm. Target and Staples
report 2Q earnings.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#8
SandStorm
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Posted 21 August 2007 - 09:28 AM
There will be no surprise rate cut before Sept. Bennie knows it's bad out there. He is saving the WMBD for last.
#9
Russ
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Posted 21 August 2007 - 09:36 AM
Did they not already lower by .50 last week? Why wouldmore be coming?
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#10
hiker
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- TT Member*
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independent trader
Posted 21 August 2007 - 09:41 AM
last week lowered the discount rate
http://en.wikipedia....eral_funds_rate
discount rate
http://en.wikipedia....Discount_window
http://en.wikipedia....eral_funds_rate
discount rate
http://en.wikipedia....Discount_window
Edited by hiker, 21 August 2007 - 09:43 AM.
