7 replies to this topic

[nicolasillo]

Are we feeling nervous today? Or you think this means a rate cut so we are saved?

Edited by nicolasillo, 07 September 2007 - 07:50 AM.

[ogm]

Are we feeling nervous today?

Or you think this means a rate cut so we are saved?

It means several rate cuts.

[hiker]

posted QQQQ and SPX charts here that would show price levels that represent the start of technical damage to the current patterns...until closes below then bulls may remain in control.

especially see the weekly charts

http://www.traders-t...?...;blogid=26

Edited by hiker, 07 September 2007 - 07:57 AM.

[nicolasillo]

Are we feeling nervous today?

Or you think this means a rate cut so we are saved?

It means several rate cuts.

Good. I guess that what it means. But do u think the rate cuts will save the situation?
My personal view is that even several cuts won t save the situation

[mike123]

Libor going up while Fed rate going down. Fed can drop rate to zero and it will not help. Banks don't trust each other anymore. No one wants to borrow in an deflation environment.

[eminimee]

Are we feeling nervous today?

Or you think this means a rate cut so we are saved?

Huge mistake to taunt bulls on these numbers.....even bigger mistake to form a bias either way because of them

[BearItch]

Time for bear high fives?

[nicolasillo]

Time for bear high fives?

Not yet. We still have some way ahead of us for the high 5's.
Looks like we are on the right track though