Quote from S2007S:
cut rates before the opening or during the trading day tomorrow or even this week????????????
there is no way they will do that, you want to see the dollar drop even further and send inflation even higher......the federal reserve is not set up to save the stock market, they have cut how many times in the last 6 months and since that point the stock market is still off about 15% from its all time high. Rate cuts arent going to do anything but create more problems.
Let the market do its own thing, what if the federal reserve cuts 50BP now and 50BP at the end of january and the market is trading under 11500, then what, you want them to cut even more? What if they cut rates down to 2% and the market starts to drop even further, cutting rates isnt going to matter.
Quote from Chartiste:
Yes....where have you been the last several years? The US markets have clearly lost their leadership position.
And how do begin to explain this massive world-wide sell-off based on Friday's US performance (Dow down .49%)???
Quote from PAPA ROACH:
Be careful, you're letting your position get in the way of logic. I'll assume your up huge on some short plays, remember volatility plays both sides.
Bear is the right way, but don't lose sight of likely attempts by uncle cracker to fight this rather than risk completely losing control all together (we all know this is the final outcome regardless).
Logic says that pre-market or early session is likely time tomorrow to have a cut.
Quote from dr. fill:
If you think a rate cut's coming tomorrow then the down gap indicated by the futures probably won't happen, right?
Quote from PAPA ROACH:
I would not buy shit yet, way too early for that. This is just the expected FED action to fight the losing battle. Until people's incomes at least match inflation, you can forget about a resumption of the bull. But a nice relief rally is in order thus providing us with a great put buying opportunity.
Quote from frank grimes:
The market needs to find it's own way to a bottom. ...
Quote from mgabriel01: