.25 Fed funds rate, .25 Discount rate cut

stock_trad3r · Oct 31, 2007

time 4 the eod rally

1.5 more hours of trading

number22 · Oct 31, 2007

Look the bond market is selling off; equities are likely to rally at end of day; where else to put your money in?

S2007S · Oct 31, 2007

markets will be right back where they were before the decision......no reason for a sell off, risk free markets.....

S2007S · Oct 31, 2007

Quote from S2007S:

markets will be right back where they were before the decision......no reason for a sell off, risk free markets.....

ralllllllllllllllllllllly time...

gobar · Oct 31, 2007

Quote from S2007S:

markets will be right back where they were before the decision......no reason for a sell off, risk free markets.....

reason for sell off is negative earning for S&P 500

might see some sell off..

Galatia · Oct 31, 2007

Here's a quote from FOMC statement.

...Readings on core inflation have improved modestly this year, but recent increases in energy and commodity prices, among other factors, may put renewed upward pressure on inflation. In this context, the Committee judges that some inflation risks remain, and it will continue to monitor inflation developments carefully.

The Committee judges that, after this action, the upside risks to inflation roughly balance the downside risks to growth. The Committee will continue to assess the effects of financial and other developments on economic prospects and will act as needed to foster price stability and sustainable economic growth. ...

This means that FED thinks that recession risk and inflation risk is on balance after this last cut. There will be no cut at December and January.

Cache Landing · Oct 31, 2007

Quote from S2007S:

markets will be right back where they were before the decision......no reason for a sell off, risk free markets.....

C'mon man. Both the down and the up moves were knee-jerk and don't mean anything. Until SPX goes above 1539 I wouldn't count on a rally.

We might rally from here or drop from here, but predicting this whipsaw is complete nonsense.

Ivanovich · Oct 31, 2007

Quote from Galatia:

Here's a quote from FOMC statement.

This means that FED thinks that recession risk and inflation risk is on balance after this last cut. There will be no cut at December and January.

honestly, I still get that it just means they'll be data dependant. This week's job #s will certainly become more important now.

S2007S · Oct 31, 2007

Quote from Cache Landing:

C'mon man. Both the down and the up moves were knee-jerk and don't mean anything. Until SPX goes above 1539 I wouldn't count on a rally.

We might rally from here or drop from here, but predicting this whipsaw is complete nonsense.

DID YOU HONESTLY THINK THE MARKET WOULD SELL OFF.....

hahah

new intraday highs, everything is going higher as if there is no such thing as risk...

S2007S · Oct 31, 2007

this is the greatest market ever....

that little dip took everyone off guard, now nearing 14k....