I still think they should be raised. Greedy bulls will be crying for a rate cut if the market keeps going down. Can we please never see 14k DOW for a long time. Can we please get out of 13k range too? Okay, I just want to break even at 12,500. Sorry for the rant...I went bearish at the beginning of the year and have been staring at red #'s. I'm a losing trader..
FED's not going to bail the mkt out! Too much irrational exuberance in the mkt, needs to be reigned in a bit.