Quote from myminitrading:
Why because the stock market is slightly off its highs hahaha, dude if your thinking the fed is going to save you, you might want to consider another strategy.
All the fed has done is cause commodities to soar.
Quote from stock_trad3r:
Um bad news from CITI and meril will prompt the fed the cut again.
The fed SPEAKS with the banks directly.
The fed rose rates 17 or so times in 2003-06 and can cut another 6 times easily.
maybe the fed can do an '"imaginary" rate cut to go with the "imaginary" crisis....lolQuote from frank grimes:
I thought, according to YOU, there was no credit problem? I guess if the market is down there is a problem so the fed needs to cut. If the market is up its "wahh where is the credit problem?" You really need to go into politics, you have an opinion on everything, you take both sides, and you talk so much noone really cares what you say anymore...sort of like John Kerry, or Al Gore.