So any ideas where to buy?

[kashirin]

I guess if Fed doesn't step in the best time for buying will be during the regular session tomorrow or at the end

Although If Fed does step in it might good to buy overnight

Your ideas? What level would you buy here?

 

[makloda]

 

[Ticketwatcher]

Quote from kashirin:

I guess if Fed doesn't step in the best time for buying will be during the regular session tomorrow or at the end

Although If Fed does step in it might good to buy overnight

Your ideas? What level would you buy here?

Foreign money has bought our debt and supported our markets. Oil money has come in to keep the financial stocks from sinking and failed miserably. The fed can throw a hundred basis point cut at the market, but I gotta believe the money that moves markets will look at any relief that cut might bring as a selling opportunity. I do not need to make money on a day where the futures could be at a point that I NEVER seen before. I am all cash and it stays on the sideline, in times such as these cash is king, I think.