I think the fed understands that they have to cut rates to at least expectations, or else the market will crash hard. So I expect at least .75 and maybe even 1pt tomorrow. I think this is even guaranteed right now.
Still I can't do much right now. I hope to get rid of the SKF holding by days end, maybe we can get back near $150, but otherwise I'll just be looking on from the sidelines as well.
So far a better day than I had expected, not too far in the red.
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I think the fed understands that they have to cut rates to at least expectations, or else the market will crash hard. So I expect at least .75 and maybe even 1pt tomorrow. I think this is even guaranteed right now.
Still I can't do much right now. I hope to get rid of the SKF holding by days end, maybe we can get back near $150, but otherwise I'll just be looking on from the sidelines as well.
So far a better day than I had expected, not too far in the red.
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