Overnight Rally-Did Someone Cut Rates?

[Aaron Copland]

Quite a rally, should have known after yesterdays slug fest.

 

[Hook N. Sinker]

Reserve Bank slashes interest rates to 5.25pc
NEWS.com.au, Australia - 8 hours ago
Today's move follows last month's shock one percentage point reduction, in response to a coordinated effort around the world to reduce interest rates in the ...
ECB, BoE poised to cut rates Thursday The Associated Press

Australia slashes interest rate to 5.25 percent
AFP - 4 hours ago
SYDNEY (AFP) — Australia's central bank slashed its official interest rate by a larger-than-expected 75 basis points Tuesday, cutting it to 5.25 percent ...
Interest rates likely to keep falling Melbourne Herald Sun
Australia cuts interest rate to 5.25% Times Online

 

[Aaron Copland]

I wonder what will happen if all central banks cut to ZERO? Hyper Inflation!

 

[arealpissedgoy]

Quote from Aaron Copland:

Quite a rally, should have known after yesterdays slug fest.

Obama rally

http://elitetrader.com/vb/showthread.php?s=&postid=2159908#post2159908


Markets predicted his win last week. Posted as such.

 

[canuckrookie]

Quote from Aaron Copland:

I wonder what will happen if all central banks cut to ZERO? Hyper Inflation!

Not if nobody knows the real numbers of the monetary expansion. Then what? Hyper guessflation?

 

[kxvid]

Got long x2 YM at the close. Only thing was I had a take profit 40 points in the green. So only make about $400 could've made thousands.
You live and you learn I guess.