chances of a fed move tomorrow morning?

[ebayuser]

with all the bad news out there today, what are the chances for a fed move tomorrow? will Ben step in?

 

[increasenow]

zero and nada...what would make you think this?...seriously...

 

[Bowgett]

What bad news are you talking about?

 

[BondTrader50]

Almost zero. They will lose all of what's left of their credibility.

 

[ebayuser]

talks of housing, bankruptcy, At&t...I can't seem to find any good news at all.

 

[detective]

Quote from Bowgett:

What bad news are you talking about?

Isn't market going down considered bad news by the Fed? LOL. I remember in August there wasn't much bad news and the Fed cut the discount rate by 50 bp. It was because the stock market was down. That was the main bad news.

The Fed only cares about saving the stock market! Economy and the dollar don't matter in their eyes. Watch for Ben to move sometime soon with a 50 bp bopper aimed straight to the temples of the shorts.

 

[I-Deviant]

Nothing but time is gonna fix this mess....and a few tears.

 

[S2007S]

000000000000000000000



everyone thinks the federal reserve is there to save the stock market...


there NOT there to do that.

 

[turkeyneck]

Save the ammo for the election later in the year.

 

[detective]

Quote from S2007S:

000000000000000000000



everyone thinks the federal reserve is there to save the stock market...


there NOT there to do that.

The Federal Reserve has tried to save the stock market on bad down days for the last 20 years. And you expect people not to buy dips after that track record by the Fed? They don't let the market go down. They exist to save the stock market. It is plain as day.