Tired Market. Look Out Below!!

Quote from brettdoyle:

Scenario 1: Markets go down more, fed realizes the situation is worse than they thought and cuts rates to stabilize market... shorts get stomped.
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No, rate cut won't work next time, people will know it's a hoax and the situation has become unstable.
 
Quote from MajorUrsa:

No, rate cut won't work next time, people will know it's a hoax and the situation has become unstable.
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Uhhhhh... I'd love to be a loan officer selling you a house or a car loan since you believe cutting rates is a hoax.
 
Quote from Alex_in_Oz:

I think the market is in for a tremendous whalloping.

The Fed rate cut delayed the inevitable and that is a 15%- 20% fall.

Since September the 18th it has quite obviously been the proverbial 'suckers rally'.
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Those "suckers" as you call them have made a hell of a lot since the rate cut the biggest suckers were the shorts
 
Quote from brettdoyle:

Uhhhhh... I'd love to be a loan officer selling you a house or a car loan since you believe cutting rates is a hoax.
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Haha, nice one :-). No, I agree cutting rates will of course have impact on the economy in the long run, but it will 1) not affect immediate mortgage rates and 2) will not have the same euphoric effect on the indexes it had last time.
The only signal it will send is that the Fed underestimated the problem and might still underestimate it. The higher the cut the bigger the signal.

Ursa..
 
Quote from Alex_in_Oz:
Since September the 18th it has quite obviously been the proverbial 'suckers rally'.
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You forgot to mention it was a low volume suckers rally!
 
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