any remote possibility of 'surprise' rate cut...GONE

Discussion in 'Trading' started by increasenow, Jan 18, 2008.

  1. increasenow

    increasenow

    any remote possibility of 'surprise' rate cut...GONE...many had thought it would be today with options expiration...not so...we are literally days away from the FOMC mtg...there AT THAT time...you will probably get your .25 bps cut and the market will tank because anything less than .50 bps cut and market is servely disapointed...DOW could be around 10,000 by then...thoughts?
     
    #1     Jan 18, 2008
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  2. pumpanddumper

    pumpanddumper

    No chance in hell 10k by then. Be realistic. 10k DOW if an unforseeable didsaster. Maybe touch 11,999 before a bounce.
     
    #2     Jan 18, 2008
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  3. Bowgett

    Bowgett

    We are going to get at least 50 and may be even 75 points cut and markets are going to rally. :)
     
    #3     Jan 18, 2008
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  4. The Swordsman

    The Swordsman

    Awesome call on your "NO surprise rate cut"!!! You are a trading god...

     
    #4     Jan 22, 2008
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  5. The Kin2

    The Kin2

    Nice call dude. It's time to call out all these a$$holes. And give credit where credit is due.
     
    #5     Jan 22, 2008
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