Discussion in 'Trading' started by capmac, Feb 5, 2008.
You'll be seeing this headline pop up very soon...
I hope you are being sarcastic...
The only thing left for the bulls is???
The catalyst for the bulls was the rate cut, now that rates were lowered 1.25% just in Jan, the bulls have nothing left....
WOOHOOOOOOOO! Bring on STAGFLATION!
they only have 300 bps to go. I guess the don't fight the fed crowd don't remember 2001.
Dont fight the fed crowd, how many times did I hear that on cnbc and here on this forum back in October when the dow was at 14,000+
that was over 1600 points ago...........
were in a recession along with a bear market that started in Novemver 2007, sell the rallies.....
We might be fortunate if that's all it is..
where is day7793 now!! Gotta love the pessimism for the the trading account
He has assumed the fetal position with his box of tissues and a tub of ice cream for support
nice call! Merrill reports expecting surprise rate cut from the FED (CNBC)
Futs are priced for a 100% chance of a 50 bps cut at the March 18 meeting. 2 year yield at 2.1% Fed might go close to 2.5% this year if bond markets are right.
Avg. 15 year mortgage rates down to 4.97% from 5.91% six months ago. 30 year went to 5.52% from 6.23%.
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