any remote possibility of 'surprise' rate cut...GONE

I

increasenow

any remote possibility of 'surprise' rate cut...GONE...many had thought it would be today with options expiration...not so...we are literally days away from the FOMC mtg...there AT THAT time...you will probably get your .25 bps cut and the market will tank because anything less than .50 bps cut and market is servely disapointed...DOW could be around 10,000 by then...thoughts?
 
Quote from increasenow:

any remote possibility of 'surprise' rate cut...GONE...many had thought it would be today with options expiration...not so...we are literally days away from the FOMC mtg...there AT THAT time...you will probably get your .25 bps cut and the market will tank because anything less than .50 bps cut and market is servely disapointed...DOW could be around 10,000 by then...thoughts?
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No chance in hell 10k by then. Be realistic. 10k DOW if an unforseeable didsaster. Maybe touch 11,999 before a bounce.
 
Awesome call on your "NO surprise rate cut"!!! You are a trading god...

Quote from increasenow:

any remote possibility of 'surprise' rate cut...GONE...many had thought it would be today with options expiration...not so...we are literally days away from the FOMC mtg...there AT THAT time...you will probably get your .25 bps cut and the market will tank because anything less than .50 bps cut and market is servely disapointed...DOW could be around 10,000 by then...thoughts?
More...
 
Quote from Bowgett:

We are going to get at least 50 and may be even 75 points cut and markets are going to rally. :)
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Nice call dude. It's time to call out all these a$$holes. And give credit where credit is due.
 
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