| StockFetcher Forums · General Discussion · Have we truly bottomed? | << 1 2 3 4 5 ... 10 >>Post Follow-up |
| nikoschopen 2,824 posts msg #59189 - Ignore nikoschopen modified |
1/21/2008 4:05:41 PMDéja vu? |
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| nikoschopen 2,824 posts msg #59192 - Ignore nikoschopen modified |
1/21/2008 4:22:27 PM
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| rfalkner 13 posts msg #59193 - Ignore rfalkner |
1/21/2008 4:37:57 PM after combing thru numerous charts, I would say unequivocally say ..... Tuesday is RALLY TIME! $$$$$$$ I guess it all depends on what the Politbureau does. Oh, I am sorry, I was supposed to say the FED. I am sure the WORD will come down from on high and they shall be etched in stone from those who know more than us mere mortals. Long live the FED, all hail the FED for they are most wise. |
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| rtucker 318 posts msg #59194 - Ignore rtucker modified |
1/21/2008 4:51:11 PM d |
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| nikoschopen 2,824 posts msg #59195 - Ignore nikoschopen |
1/21/2008 5:03:35 PM With only a week left until the next policy meeting, Bernanke would be a fool to opt for a pre-emptive slash at this point in time. The market is already pricing in a cut of 50 basis point, some as much as 75. I would be greatly surprised and shocked if Bernanke hands a 75. This would likely push the market up for the next 2 weeks at most but it will effectively kill the greenback that would hammer the market in the long run. Bernanke knows this like all astute Fed stooges, hence my belief for ONLY a 50 bp cut. |
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| rtucker 318 posts msg #59196 - Ignore rtucker modified |
1/21/2008 5:58:52 PM d |
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| miketranz 961 posts msg #59198 - Ignore miketranz |
1/21/2008 6:22:04 PM Cramer says if a major insurance company goes down,it could drop the Dow 1000-2000 points....... |
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| nikoschopen 2,824 posts msg #59202 - Ignore nikoschopen |
1/21/2008 8:11:04 PM Well, don't forget the purveyor of boo-no! also advocated for the government to start running as a non-profit business solely to bail out these companies. That's really one screwed up proposal IMO. No matter what the government does going forward (they can cut the Fed interest rate down to zero for all I care) it can't avert the onslaught of the looming recession. |
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| conyeuchua 83 posts msg #59212 - Ignore conyeuchua |
1/22/2008 12:27:39 AM I sincerely hope that none of us in this forum experienced this sad story: http://highprobability.blogspot.com/ |
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| nikoschopen 2,824 posts msg #59224 - Ignore nikoschopen |
1/22/2008 9:06:28 AMFed Slashes Interest Rate 75 Basis Points! |
| StockFetcher Forums · General Discussion · Have we truly bottomed? | << 1 2 3 4 5 ... 10 >>Post Follow-up |