.25 Fed funds rate, .25 Discount rate cut

Discussion in 'Trading' started by S2007S, Oct 31, 2007.

  1. time 4 the eod rally

    1.5 more hours of trading
     
    #11     Oct 31, 2007
  2. Look the bond market is selling off; equities are likely to rally at end of day; where else to put your money in?
     
    #12     Oct 31, 2007
  3. S2007S

    S2007S

    markets will be right back where they were before the decision......no reason for a sell off, risk free markets.....


    :)
     
    #13     Oct 31, 2007
  4. S2007S

    S2007S



    ralllllllllllllllllllllly time...
     
    #14     Oct 31, 2007
  5. gobar

    gobar

    reason for sell off is negative earning for S&P 500

    might see some sell off..
     
    #15     Oct 31, 2007
  6. Galatia

    Galatia

    Here's a quote from FOMC statement.

    This means that FED thinks that recession risk and inflation risk is on balance after this last cut. There will be no cut at December and January.
     
    #16     Oct 31, 2007
  7. C'mon man. Both the down and the up moves were knee-jerk and don't mean anything. Until SPX goes above 1539 I wouldn't count on a rally.

    We might rally from here or drop from here, but predicting this whipsaw is complete nonsense.
     
    #17     Oct 31, 2007
  8. honestly, I still get that it just means they'll be data dependant. This week's job #s will certainly become more important now.
     
    #18     Oct 31, 2007
  9. S2007S

    S2007S


    DID YOU HONESTLY THINK THE MARKET WOULD SELL OFF.....

    hahah

    new intraday highs, everything is going higher as if there is no such thing as risk...
     
    #19     Oct 31, 2007
  10. S2007S

    S2007S

    this is the greatest market ever....


    that little dip took everyone off guard, now nearing 14k....
     
    #20     Oct 31, 2007