watch out for EMERGENCY RATE CUT

[chewbacca]

use stops on your shorts - not that it'll help you on a day like this

 

[stock_trad3r]

HA ha ha markets now 140 points off lows

short suckers lose again

no one cares about the bear sterns. Bull market continues.

 

[chewbacca]

actually......i don't thik we'll get a cut since the fed meeting is only 2 days away........but if we're down like -600 going into the weekend.......i'm sure the fed will say or do something to pop futures 300 points.

 

[brocklanders]

Yep.. here is the playbook for the day...


Release manipulated CPI number, market soars - Check

Leak news of Bear Sterns, market tanks - Check

Fed steps in with emergency rate cut, hooray everything is great again...

 

[NY_HOOD]

i think it some short coverinbg. they will dump again on this strength.

 

[crgarcia]

Fed meeting is just around the corner.
Don't think they will need an emergency cut.

And yes you should be very careful if shorting now.