There will be no Fed rate cut

Will the Fed cut rates next week?

  • Yes they will cut

    Votes: 148 59.7%

  • No they won't cut

    Votes: 100 40.3%
  • Total voters
    248
Quote from atticus:

lol, I'll take it. You have $20 on no Fed cut at the Sep07 meeting. I pay $80 if no cut is seen. Would you be willing to up the action at those odds?
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You're on riskarb, for $20 at 4 to 1.

I can't go higher because when I lose i'm sending cash, so it wouldn't make sense to send more via dumb us mail :)

Honour to bet you sir.
 
Quote from Bob Rowshan:

You're on riskarb, for $20 at 4 to 1.

I can't go higher because when I lose i'm sending cash, so it wouldn't make sense to send more via dumb us mail :)

Honour to bet you sir.
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Cool, you're on. There's always PayPal. I've sent/received >$10k via the service. Wires work too.

Good luck.
 
Quote from atticus:

Cool, you're on. There's always PayPal. I've sent/received >$10k via the service. Wires work too.

Good luck.
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You too.

I want to thank you for stepping in and re-affirming the understanding that the odds are really 20 to 1.
I'm glad there was someone else to see past surfer's nonsense.
 
Quote from atticus:

Don't embarrass yourself.
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Mr. Atty, sir, I believe your warning didn't arrive at its destination in enough time to prevent this catastrophe.

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Quote from Matt24SPFL:

Mr. Atty, sir, I believe your warning didn't arrive at its destination in enough time to prevent this catastrophe.
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Well, unfortunately I watched it and scorched my corneas. In his latest vid [today], he states he's winning on 9/10 trades. He shorted EURUSD on Thursday and held through the nonfarm, miraculously winning 40 pips in the process? Magic?
 
Quote from atticus:

Well, unfortunately I watched it and scorched my corneas. In his latest vid [today], he states he's winning on 9/10 trades. He shorted EURUSD on Thursday and held through the nonfarm, miraculously winning 40 pips in the process? Magic?
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Oh you mean THIS...


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It is no longer a mystery who sold Jack his magic beanstalk beans.

Who needs Jack Hershey when you've got this guy. I'm now officially short BnB Analytics, in case you were all wondering.
 
Quote from optioncoach:

Betting $20 or $80 on a fed cut lol...

why not put real money on the line and place a trade with real rewards..... :D
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Are you saying I went through all of this logic for a measly $20 bet and won't take advantage of the stuation in the stock market despite starting a thread like this and understanding the odds of what I describe??:confused: :confused:
 
Quote from Bob Rowshan:

Yes I know. And apparently alot of people are setting themselves up for major disappointment.

The dollar is already too weak, and the Fed knows crashing the dollar with a rate cut is not in the best interest of the USA.
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The fed could care less about the USA, the fed only cares about the big investemnt banks, and how they can help them.
 
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