fed cuts 0.25% bloomberg

Discussion in 'Trading' started by just21, Mar 16, 2008.



  1. You will need lot more than a bong on Mondays open.. Lot more..

    Markets will surge... your account value in the dust..
     
    #51     Mar 16, 2008
  2. Cutting the discount rate was a good move


    BSC at just $2? wow
     
    #52     Mar 16, 2008
  3. DT-waw

    DT-waw

    i think we're at the beginning of the Fed's end of existance
     
    #53     Mar 16, 2008
  4. tetuan01

    tetuan01

    LOL at people saying this is bullish..futures are fucking tanking, and Gold has jumped to $1,016.50.

    ES at -1.63%, 1270.50 and dropping.
     
    #54     Mar 16, 2008
  5. Surdo

    Surdo

    You don't see YM trading down 166 right now bro?
     
    #55     Mar 16, 2008
  6. dude go get some vaseline and assume the position.
     
    #56     Mar 16, 2008
  7. I'm with you HFT. Worst case, the fut's go limit down. You don't want to be short the fut's if that happens. That is the golden opp for the Fed to lower the rates to whatever. If that happens the market will react violently.

    Trading is about knowing how to do something over and over. The next few days are a perfect time to do absolutely nothing. Both bulls and bears are assuming an insane amount of risk just by putting on a trade. You go short and the Fed cuts you're screwed. You go long and something else unexpected happens and you're screwed. You go golfing and the worst that can happen is your broker will go bankrupt, in which case you're still screwed but at least you still got in a round of golf. Now that's what really matters :D

     
    #57     Mar 16, 2008
  8. teun

    teun

    Probably it will be a quiet day tomorrow.

    Always when people think market will be insane it just moves modestly.
     
    #58     Mar 16, 2008
  9. Missed the rally but sold 1309.50 just after 6 cst (6:19) .. WHAT A MOVE, right down to the 1270 MP area with scale outs below the MP level bust..sheeesh I may be up all night trading this action. I will start trading June contract from here on out..out of all my March ES bullets.
     
    #59     Mar 16, 2008
  10. SPX is already on its knees , kneeling down at 1270 area, it finds a huge reason to reverse course and open higher. Dow will tag 400+ easily and the shorts will burn in hell one by one..
     
    #60     Mar 16, 2008