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

idiots.

I posted about this yesterday.I was on the phone all day long talking to people.Do a search under my name.

I heard it was going to be 100bps, turned out to be 75.

not too far off

blackguard

 

dicey - looks like it ain't working.... my support is holding

 

This was already anticipated you idiots. Oh man, they are taking it hook line and sinker.

 

Look at this shit, people already shorting the spike lol. Might be very embarrassing or the Fed today. Lowered a historic .75 and the market craps 500+ With all their education and experience you would think they would have come up with something better than thin over a three day weekend. Douche bags!

 

What an exciting day it's been!

Wooohoooo!!!!

 

THIS IS THE WORST THING THEY COULD DO.............


wait months out when the dow is still falling and every market around the world is in a bear market, they are going to wish they held back and didn't do a thing.



dow futures were down 140


now down 395


new lows are coming. People will realize this was not thing thing to do, inflation is going to get out of hand.

 

goodbye dollar. Cheap interest rates though!!!! What can you get on a 30 year mortgage now? 5.25%?

 

If I was a statistical arbitrage program, I too would be selling this spike.

 

futures still falling, down 381 from being down a little under 200

 

He did exactly the right thing and exactly the wrong time. Timing is everything, Ben does not have any. I bet he can't dance either.