5 replies to this topic

[beardown]

They better do a 1/2 to keep this house of cards standing

[eminimee]

keeping in mind that it was only 6 weeks ago we got .50

http://stockcharts.com/c-sc/sc?s=$OEX&p=M&yr=10&mn=6&dy=0&i=p36819809607&a=98353541&r=5857.png

[beardown]

and so! it`s like a steroid shot for the market, the market needs it! like an addict

[Doug]

There is a slim possibility of a 50bp cut but I don't think Ben is that stupid. There shouldn't be a cut at all but I believe they'll do 25 because the market still rules. Anything more than 25 will do more harm than good.

Regards,

Edited by Doug, 31 October 2007 - 09:06 AM.

[beardown]

they don`t care about inflation or the weak dollar,they decided it`s their job to hold up the stock market,well they better not sway from that decision or else THEY BETTER DO A 1/2

they don`t care about inflation or the weak dollar,they decided it`s their job to hold up the stock market,well they better not sway from that decision or else THEY BETTER DO A 1/2

give me my drug

[linrom1]

There is a slim possibility of a 50bp cut but I don't think Ben is that stupid. There shouldn't be a cut at all but I believe they'll do 25 because the market still rules. Anything more than 25 will do more harm than good.

Regards,

The New Halloween Bernanke and Paulsen Strategy

Pretend that US GDP is strong so as to make believe that there is hope for value left in asset backed securities with no immediate danger of it becoming imminently worthless, and dangle 0.50 rate cuts and hope that will enable more borrowers more time to refinance at fixed rates while holding creditors of ABCP at bay.

The US Financial system is becoming just like a scene out of " Rocky Horror Picture Show."

Edited by linrom1, 31 October 2007 - 09:39 AM.