Everyone turned bullish today. Market must creep back down tomorrow, or at least within 1 month. :-D What would be some reasons given for the market going down tomorrow (actually today since it's early AM)? My hypothesis is the CPI #. Within the past 33 years only 3 periods where fedfund rates were cut from 6% or below. period 1: 6.0 to 5.25 in 3 cuts. 1.23% gain on day 1 but ended the first month up only .86%. period 2: 5.50 to 4.75 in 3 cuts. 0.03% gain on day 1 and only 1.56% gain first month. period 3: 6.00 to 1.00 in 12 cuts. 5.01% gain on day 1 but ended first month up only 1.92% source: bespoke btw im not clear what exactly is "first month" performance.... I tried calculating the data up myself and couldn't get the same #s... anyone know?