Were you trading that day? It was like a 50 handle rip in the spoos on surprise rate cut around 8:30 am est. I recall it was a Friday. Market rallied for two months to all time highs followed by 18 months of the best trading imaginable.
https://www.nytimes.com/2007/08/17/business/worldbusiness/17iht-fed.4.7159264.html
https://www.nytimes.com/2007/08/17/business/worldbusiness/17iht-fed.4.7159264.html
