crazy 'surprise' rate cut talk...hello...FED mtg almost here...give me one reason the FED would 'surprise' us with a rate cut now and can't wait about 10 days...hello...lets get real all!!!...give me one real reason...
Quote from increasenow:
crazy 'surprise' rate cut talk...hello...FED mtg almost here...give me one reason the FED would 'surprise' us with a rate cut now and can't wait about 10 days...hello...lets get real all!!!...give me one real reason...
simply because we are 13 days away from the next FED day...would a 'surprise' cut make that big a difference with the FED mtg only 13 days away?...think not...no cut is coming...sorryQuote from TraderAnon:
Its been known to happen during other crises, namely 911, LTCM, the first gulf war, and numerous times in the Volker era. Why not for subprime issues?
Quote from increasenow:
simply because we are 13 days away from the next FED day...would a 'surprise' cut make that big a difference with the FED mtg only 13 days away?...think not...no cut is coming...sorry
Quote from MKTrader:
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This time, they've already waited to long. Should've done it after 1380 on S&P was touched first time to hold up trendline support. (Maybe they could care less about such things, but why did they come to the rescue in August just before the March low was taken out)?
Would it work as well this time (new highs, etc.)? Probably not, but if they're going to cut, they might as well time it correctly.