I bet we sell off

Arnie, don't let anyone get in your head! Buy the fear, sell the greed!

 

Well, the Fed cut 100 basis points in less than 3 months (Sep-Dec meetings). The markets have tanked since. So why should accelerated cuts make that much difference?

 

I believe all that today showed is that the market already priced in the .50 basis point cut. Yes, the big boys like the action so they rode the market up and down like a bronco, but the bottom line is we are just a little worse off than we were at the start of the day.

Nothing to see here.

 

What are you? A natural born pessimist?

 

they should have never let your crazy ass out of the halfway house.

 

I am not a pessimistic person per sé but I believe that is a shooting star in the DJIA today.

To me that translates to bull-hunting season tomorrow

 

Other indices, too. That and futures in a near free fall have got me worried.

 

I think waht the one poster said was prudent. Wait to see how the market digests this. thats good discipline. there is also some important economic news coming in the next two days so I will be in cash until then too.