Surprise rate cut Monday...

This selloff is very orderly. Remember last year in August, everything was sold. There was nothing that was green on certain days. Same for January this year. Today, there were plenty of equities in the green. This is not the same type of panic selling that requires fed intervention. It's just a slow grind lower as the hedge fund redemptions require liquidation in certain sectors. If anything, this action is welcomed by the PPT now that they are trying to clamp some of the excess liquidity.
 
There will be PANIC and the Fed will NOT intervene:eek:.

Markets will adjust per the norm and Stock_Trd3r and all the newbs will be aghast at what they will learn.

p:pS

You tell me, by looking at this chart, if historically this is a dire moment for the Stock Market (lol).
 

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Quote from ByLoSellHi:

At the risk of over using this emoticon today, I bid all of you farewell with this:


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Maybe it's the fact that I have a few beers in me but that is some of the funniest shit ever. :D
 
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