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)
    8.8%
  2. 75bp or more on Oct-29

    2 vote(s)
    2.5%
  3. 50bp Before Monday Open

    14 vote(s)
    17.5%
  4. 50bp on Oct-29

    4 vote(s)
    5.0%
  5. 25bp Before Monday Open

    3 vote(s)
    3.8%
  6. 25bp on Oct-29

    3 vote(s)
    3.8%
  7. No Cut

    46 vote(s)
    57.5%
  1. In recent years, the Fed has been cutting rates rather precipitously and seemingly indiscriminately insofar as the circumstances were concerned. Therefore, the "psychological" impact of its doing so has progressively diminished. It has watered down an important tool. And while it may not normally be wise to fight the Fed, it is equally unwise for the Fed to fight overwhelming fundamentals. It, too, has to pick its spots, however, it has repeatedly failed to do so selectively. And now, even a gaggle of "Feds" can't seem to stem the tide.

    I don't know. I'm just making this stuff up as I go along. These markets are a bit too wild for me. I know some of you guys are cleaning up like bandits, but I'm guessing that more of you are getting mugged something fierce. I'm going to keep my row boat out of harm's way and wait for calmer waters. You braver captains best don your brown pants.
     
    #21     Oct 8, 2008