What Bernake going to do @ 2:15pm ??

[axehawk]

...and how will the market respond?

 

[turkeyneck]

He'll resign as suggested by Jim Rogers.

 

[axehawk]

If he cuts anything less than 1.00 , the market will crumble.

 

[stock_trad3r]

Quote from axehawk:

If he cuts anything less than 1.00 , the market will crumble.

LOL you are wrong

market will surge even if he cuts by just 75

 

[axehawk]

Quote from stock_trad3r:

LOL you are wrong

market will surge even if he cuts by just 75

LOL at you calling someone else wrong.

 

[Cutten]

Market is expecting 1% at least, and small odds of 1.25%.

IMO this could be a classic "buy the rumour, sell the news" event. Bernanke could shave his beard, cut 2%, and throw in the kitchen sink, and the markets could still sell off hard after the intial bounce.

 

[stock_trad3r]

The fed can't use all his rate cut power-ups tomorrow. He needs to save some for the next meeting.

 

[H30]

I am not convince that anything the fed does tomorrow will solve any of the problems the economy and the market are facing. The thing is that these people are manipulating the market so much that it's not going to matter for the rest of the year. The market is going to navigate itself out of this mess after the fed realises it can not manipulate it any more.

P.S the market may rally a couple hundred points tomorrow and some people may make a change, then what?

 

[NQscalper]

he cuts .75, market jumps momenteraly then dives below todays lows. I must say though, I think we are very close to some tradeable lows. I really dont like saying it because I've really grown to HATE some of the permabulls here and the thought of them squaking with glee makes my skin crawl.

 

[number22]

cut 0.5; and bond market sell off; then equity market jump up. of course USD up too.