They Did It .75 Cut..........

Discussion in 'Trading' started by S2007S, Jan 22, 2008.

  1. Mvic

    Mvic

    Bone headed move. Temp relief at best, won't work and will just show the Fed to be powerless.
     
    #11     Jan 22, 2008
  2. S2007S

    S2007S

    I dont think the market will recover, This is the WORST THING THEY COULD DO.......


    they lowered the discount rate by .75 as well....



    this is going to be an Insane market today, volatility is going to be soooooo crazy.
     
    #12     Jan 22, 2008
  3. bring on the inflation and a shitty dollar
     
    #13     Jan 22, 2008
  4. jtnet

    jtnet

    ES spiked 40 points in a blink lol
     
    #14     Jan 22, 2008
  5. I hate speculating, but my guess is that the market will still gradually sell-off today.

    Whatever happens, I don't really care though.
     
    #15     Jan 22, 2008
  6. Total BS by the Fed. Panic by the Fed. They are gonna be out of bullets by March.

    This is totally sick. We're still going to crash, except we'll have massive inflation with it!.
     
    #16     Jan 22, 2008
  7. Be hilarious if we fell below 1250 now. That would be a middle finger response to the Fed
     
    #17     Jan 22, 2008
  8. My stocks poped on the news. Is it too late?
     
    #18     Jan 22, 2008
  9. S2007S

    S2007S



    exactly, this is the worst move they could do, all they had to do was WAITTTTTTTT, but they have no patience, they will have nothing left in a few more months if they keep lowering rates every time the dow drops 500 points. Incredible bounce but I DOUBT it lasts, I highly doubt the dow makes it into the green.
     
    #19     Jan 22, 2008
  10. and I was the idiot that sold his nq's 1 second before the announcement at 70
     
    #20     Jan 22, 2008