yesterdays rate cut

Discussion in 'Trading' started by S2007S, Jan 23, 2008.

  1. S2007S


    How many bulls are glad you got the rate cut you so wanted yesterday? Markets down again on fear that there are going to be even more writedowns in the financial industry, guess they should have waiting till the actual fed meeting date to lower rates. Maybe they shouldnt have done anything and let the market take its own course, trying to fight a recession that the economy is already in is not going to work.