the fact that they lowered 75 basis points a few days before their next meeting sends a message that things are very bad and much worse than even the fed thought. i can still see this market closing down over 300 points today.
Enf99; Thats surely what the main trends favor SPY,DIA,QQQQ; may start scaling in later this week, strong sector. With most overseas markets waving down 6,& 7% monday,,yes