We have held the April 1st low so far.
Whats everyone's opinion on SKF???
I'd think if we don't get a rate cut the markets will sell off pretty hard???????
Subscribe to:
Post Comments (Atom)
Posting of Real-Time Trades and a VERY SIMPLE technique that makes TRADING SIMPLE!!!
1 comment:
Joe,
Every little bit helps.
Regarding SKF, I am going to close out my short positions if we go below 98$ tomorrow...
I dont think it is going to matter to the financials one way or the other with the cut.
Why even worry about the discount window when you can unload bad debt in exchange for t-bills?
What I mean is that rate cutting didnt get the banks stable. The special exchange window did...so my line of thinking is that the banks dont care so much about 1/4 of a percent at the discount window.
John
Post a Comment