Friday, April 18, 2008

Rate cut

I think no cut is baked in so we're going into the decision in better shape than previous meetings where if we didn't get what was expected we'd see a freefall. I think we're OK here JMO

4 comments:

Gcubed said...

Early head fake on oil? Appears to now be looking for new high. PM's beginning a recovery. Brit Pound also shows strength.

swattsup said...

KOG says gold going to 850's. Then he says maybe not. Arrggghhhh.

Gcubed said...

He often sees 2 possibilities! ;) Flip a coin when he acts that way!!

mdp said...

http://news.goldseek.com/AlfField/1206367524.php

Alf Field's elliot wave counts...may give some peace of mind or freak you out..lol


mdp