Can the DOW rally, from FED spin ?

Discussion in 'Trading' started by Digs, Jun 24, 2008.

  1. Digs


    If BEN raises the FED fund rate to the USA 2 yr note, he reduces the spread for banks to make money. Banks are sinking faster than a hot dog in a fat kid !

    If BEN does nothing OIL/Commodities stays on the uptrend, and the $USD on a down trend.

    - Rasing interest rates is bad for banks and housing.
    - Doing nothing is bad for inflation.

    So how can the stock market possible go up from BENs interest policy ? Surely INDU is headed for 10,000 in the short term.

    What possible interest rate SPIN can get this market up ??
  2. The PPT will be operating in full force after the Fed meeting.
  3. Div_Arb


    Y'see.. Drugs are baiuhd, mnkay...
  4. Mvic


    Looks to me as though they have been putting in a valiant effort for the last couple of sessions already, maybe they know they are going to get a chance to reload this week. Must be nice.