Emergency Rate Cut Cumming

Discussion in 'Trading' started by The Kin, May 23, 2008.

  1. We've been down big several days in a row. There is a magic number the index futures cross which will activate the PPT. I have a feeling we're getting close. Once we're sub 11600, fed will announce emergency rate cut to restore calm to the market. So let it be written, so let it be done.

    BTW, oil is going to the moon. $175 this year easy.