Edited by redfoliage2, 31 October 2007 - 11:38 AM.
FF for Post Rate Cut
Started by
redfoliage2
, Oct 31 2007 11:37 AM
3 replies to this topic
#1
redfoliage2
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Posted 31 October 2007 - 11:37 AM
No cut, market will tank big;
0.25% cut, non-event;
0.5% cut, big rally.
But I expect a 0.25% cut, i.e. a non-event.
#2
atlasshrugged
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Posted 31 October 2007 - 11:56 AM
No cut, market will tank big;
0.25% cut, non-event;
0.5% cut, big rally.
But I expect a 0.25% cut, i.e. a non-event.
they will cut .25
we will have a quick spurt up and down and then we resume trading higher over the next several days
#3
SemiBizz
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Volume Dynamics Specialist
Posted 31 October 2007 - 12:01 PM
Given the fact that you can't trust the gov't economic data... I'd say we're all set for no cut today. The GDP BS they floated this morning gives Bernanke the cover he needs to do nothing....
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
#4
arbman
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Quant
Posted 31 October 2007 - 01:36 PM
The rate cuts as the Fed said have to do with the housing, not the overall economy, they are simply easing the pain for now. But, it will come back in a few years with an hyperinflation in the overall economy, I suppose... Now it rallies probably...
Given the fact that you can't trust the gov't economic data... I'd say we're all set for no cut today. The GDP BS they floated this morning gives Bernanke the cover he needs to do nothing....
