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

[5Pillars]

He will say that he forgot it was Fed day - but that he did stay at a Holiday Inn last night. :eek:

 

[Thunderdog]

Quote from Mvic:

That really would be the "bottom", and the ultimate buy signal

The early warning sign is if he wears his brown pants to the meeting.

 

[Cutten]

Quote from Dr. Zhivodka:

Share Market goes down in any event.

100bp = expected...goes down.

<100bp = not expected...not enough...goes down

>100bp = not expected...big shock..what do they know that we don't? goes down

I agree but the question is how far down and how long for.

 

[axehawk]

So, do you guys think they are going to sell this pump? Or are we going to be up 500 at 4:00???

 

[Bowgett]

I think he should cancel the meeting. Markets are doing good without his announcment. He can jinx it.

 

[blackjack007]

150bp should be on the survey.

market is pricing 40% chance of 100bp and 25% chance of 150bp.

 

[axehawk]

Quote from blackjack007:

150bp should be on the survey.

market is pricing 40% chance of 100bp and 25% chance of 150bp.

You sure about that?

Post proof, I think you have your numbers mixed up.

 

[da-net]

Quote from S2007S:


how about no change in rates, how about that.....
bulls always get what they want, maybe tomorrow they wont...

every time he cuts the markets rise for one day then resume direction, he has seen this time and again. He is no fool and is now trying other things to get the control back that he believes he had before..he is running out of room on rate cuts and knows this and would want to keep some "ammunition" in reserve...i agree with no cut

 

[axehawk]

No cut= absolute implosion. We will be down 1000 pts.:eek:

 

[aboldoldtrader]

Quote from 5Pillars:

He will say that he forgot it was Fed day - but that he did stay at a Holiday Inn last night. :eek:

i think it was a Day's Inn, on Broadway to be exact.

Elliot, Ben, David and Kristin were all there.

cut .50 is my vote, fwiw