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Fed Rate Cut May Spark Rally on Wall St.


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#11 greenie

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Posted 16 September 2007 - 07:36 PM

if i am wrong , it may be one hell of a rally all the way to the new highs.

SPX may spike 50 points in 15 minutes.

you guys should do your own DD.

it appears there is a huge negativity and bearish sentiment according to some folks here, which may be true.

also historically when fed cuts rates, market almost always rallied strongly , at least for vst.


I don't think so - my sentiment indicator gave a second day of sell.....rare, happened b4 feb 27 drop as well.
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#12 johngeorge

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Posted 16 September 2007 - 08:20 PM

Friday the 21st is quadruple witching. Am looking for a down market all week with a bounce on Monday the 24th. Regards a fed rate cut I believe it is, as they say, "already baked in". Buy the rumor and sell the news. FWIW being short looks good to me. :) Best to you
Peace
johngeorge