Fed May Cut This Weekend

Discussion in 'Trading' started by shortie, Oct 3, 2008.

Fed Cut or Not?

  1. 75bp or more Before Monday Open

    7 vote(s)
  2. 75bp or more on Oct-29

    2 vote(s)
  3. 50bp Before Monday Open

    14 vote(s)
  4. 50bp on Oct-29

    4 vote(s)
  5. 25bp Before Monday Open

    3 vote(s)
  6. 25bp on Oct-29

    3 vote(s)
  7. No Cut

    46 vote(s)
  1. The bailout has failed to stabilize the market. With the election just a month away, Fed may throw a bone to the market in an attempt to calm it down.

    SPY is down 9% in just one week! Fed may be forced to cut this weekend instead of waiting for Oct-29 meeting.
  2. Has the Fed ever cut over the weekend ?
  3. in january i think they cut right before the markets opened.
  4. yes they cut sunday night when BS went insolvent.

    im long at close today, if they cut sunday night im getting out and prob going short..
  5. BSAM


    Great. Another bandaid. And if that doesn't work?
  6. Fed will probably wait to see if Asia is getting up the ass Sunday to determine the size of the emergency cut (if any).
  7. Maybe there will be worldwide rate cuts before markets open tomorrow. Coordinated cuts on the way?

    Technically, with the VIX sustaining these high levels throughout last week, we should be in for a bounce. But is the VIX on its way to 50 or 60 now?

    When we do get a bounce it should be a mean one.

    The major indexes all closed at or just below the weekly lower channel line.

    I'm sure Ben is sweating it out knowing that earnings season is here and the market hangs in the balance.

    I think if he doesn't cut this weekend, he will do it within the next two weeks.

    I highly doubt he'll wait until the end of the month.
  8. 3-2-6-1-3-1-24. What does one do now? :confused:
  9. Daal


    Has the world ever had a coordinated rate cut?
  10. I don't know but there has been talk of it in the news.
    #10     Oct 4, 2008