Discussion in 'Trading' started by armoured saint, Feb 6, 2008.
holy cow! :eek:
didn't anticipate this did YOU?
fed guy flapping his mouth again
umm, well actually...
Its the afternoon bear. Prelunch time rally, after lunch bears.
so the Fed cuts were good for a couple weeks....now will SPY test 125 again soon? looks like it
The Fed cuts have had no effect what so ever. The market is much lower than when the cuts began, and the reason is simply that the low rates, cheap dollar, increasing US debt, high commodity prices are all tied in together and part of the problem. Its not a problem we can fix by lower and lower rates. Go to zero, it still wont help, Japan tried it in the 90's too.
Average Japanese are saving as much as possible; and overinvest their income compare to most people in US.
Dow headed back to Jan lows around 11500-11750...
recession is here and has been since november 2007, welcome the bear market as well.
Separate names with a comma.