How will the market react to Fed?
#11
Posted 30 October 2007 - 10:58 AM
#12
Posted 30 October 2007 - 11:07 AM
#13
Posted 30 October 2007 - 11:15 AM
I sense the sentiment is quite different this time. I remember denleo used to say something like this:
If rate cut - market up, of course
If no change - market up, goldielock
If rate increase - market up, the economy must be real good
Things seem to be different this time but not sure what??
how are they different?
In the mkt has gone up after the last three meetings!!!
Where is the change
#14
Posted 30 October 2007 - 11:20 AM
#15
Posted 30 October 2007 - 02:01 PM
#16
Posted 30 October 2007 - 09:34 PM
I sense the sentiment is quite different this time. I remember denleo used to say something like this:
If rate cut - market up, of course
If no change - market up, goldielock
If rate increase - market up, the economy must be real good
Things seem to be different this time but not sure what??
how are they different?
In the mkt has gone up after the last three meetings!!!
Where is the change
The change is in the dollar. It got hammered after the .5 cut, and sent oil and food prices skying. Folks now know rate cuts are a two sided sword. I wouldn't pop the champagne yet on any huge rally tomorrow.
#17
Posted 30 October 2007 - 10:18 PM