100bps cut next meeting?

Market is reversing its trend.

I shorted the hell out of the market yesterday and holding. Shorted the Consumer stocks, shorted a few banks that have not been beat'n down to much, MER, GS etc. Shorted the Blue chips and carrying a little YM short.

I hope to hell they surprise cut at 100 basis while I'm carrying the shorts. That would be a blessing.

But with my luck, I will have a nice sell off friday, may be this am, and then have to fight a few rally attempts before the market breaks down to 11500.

It's never easy.....:mad:
 
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