Jan. 30th FED pump

Discussion in 'Trading' started by pumpanddumper, Jan 26, 2008.

  1. Okay, we are at 3.50%. Is it assumed that another .50 cut is already "baked in" right now. I think the scumbags will do an unprecidented .75 back to back if Monday and Tues. are harsh sell offs. Even worse, a 100 bp. The scumbags are bringing us down to 2% by Spring one way or another. They might as well just get it done with to satisfy the geedy bulls. Long term we are just creating another credit bubble but might as well keep the ponzi scheme going....