SP500 below 1300! 40pt drop!

Discussion in 'Trading' started by newguy05, Mar 7, 2008.

  1. Wow 40 pt drop, below 1300 again, the march rate cut is critical in that it will tell us if the fed is losing control.

    If fed cuts 75pt as expected and the market doesnt respond, that means fed has lost one of its most powerful weapon to control the market.

    grab the popcorns!
  2. Dropping rates is merely one tool.

    If you really understood the FED and the tools that it has as its disposal, you would be aware of their ability to purchase various securities ( such as via a COUPON PASS or BILL PASS in which the Fed purchases t-notes, bonds, or t-bills from dealers ) that would inject money permanently into the system, instead of these "sexy" little TAF operations.

    Do your homework, Mr. Newguy.
  3. THe recent fed cuts have resulted in no real help for the market why would they this time?
  4. S2007S


    whats that saying:

    "dont fight the fed"

    I heard this at the end of 2007 and what do you know, the dow is down over 2000 points from its peak, hmmmmm
  5. gobar


    thats y i love bush

    Bush has confidence economy will prosper in coming months

    :D :D :D :D :D
  6. toc


    S&P500 at 1100, coming soon to a trading screen near you ;-)