Is this the year end rally or option week rally??

Quote from MajorUrsa:

Why can't you just say: "I think the FED will cut" and give a reason for it, like we all do. Why do you insist to sound like a moron?

The reason is that the fed communicates with the banks and the banks are insisting on a cut. They have lots of writedowns still to be sorted. Also, the US economy is slowing due to housing and other issues and cutting rates helps boost the economy.
 
Quote from higherhigh:

We had 3 brutal sessions citing credit issues. We then had 2 up sessions citing easing of credit issues. These moves are beyond logic.

Poifect. What came first, the market moves or the news?
 
Quote from stock_trad3r:

The reason is that the fed communicates with the banks and the banks are insisting on a cut. They have lots of writedowns still to be sorted. Also, the US economy is slowing due to housing and other issues and cutting rates helps boost the economy.

slowing us economy ?? i thought u said huge growth for the us ...

web 2.0 blah blah ..

which is it sport ???
 
Quote from sobemark:

slowing us economy ?? i thought u said huge growth for the us ...

web 2.0 blah blah ..

which is it sport ???

The US economy is growing at a decent pace, but the global economy is booming. However certain SECTORS of the US economy are booming like tech.

Another rate cut isn't needed. But the fed will cut anyway, which is all good.
 
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