Anyone smell a rate cut?

Discussion in 'Trading' started by cgtrader, Jan 15, 2008.

  1. Market falling hard, the big boys could come in to blow some shorts out of the water soon...
     
  2. quite possibe today :)
     
  3. Brandonf

    Brandonf Sponsor

    Let em cut, the more they cut the more the market is going to go down. Of course they can't go and take America's dope away and raise rates either.
     
  4. Yes, Thursday night right before expiration.
     
  5. I agree even if they do it won't have a lasting positive effect, just a short-covering.
     
  6. What I smell is inflation. It's amazing how these stupid threads pop up when the stock market falls.

    Is Goldmans Sachs stock breaks 160 then we will get a rate cut otherwise forget it.
     
  7. Apparently there is some that still cling to the belief that Bernanke timed it due to expiration. Or perhaps it was the 1000 point drop the Nikkei took the night before.
     
  8. You just made yourself look stupid pal.

    Another 18% off of GS for a rate cut? you have to be delusional.
     
  9. gobar

    gobar

    we might take out the 1380 mark today...

    anything below 1380 will mark a huge selloff
     
  10. S2007S

    S2007S

    Heard on bloomberg that there are now rumors of a .75 rate cut, I think that would even cause more promblems than good.
     
    #10     Jan 15, 2008