Hey coin I'm betting a 1/4. So far the futures have been able to predict it correctly so I doubt they will surprise us.
With a 1/4 cut already priced in does the general market correct with no cut? It seems no matter what the decision, the markets will rally, unless they raise rates. How do you win in a market where bad earnings equal a 13% rally (GM)????
With miners up so far with a down day in gold, this is telling me they know gold will get brought down on its own later today.
6 comments:
DCR booked 4.15 @ 4.35.
Probably out too early but I finally got some green on something.
Dollar looks like it's broken below it's short-term up-channel. Can't wait for 2:00 to get some of this stuff resolved.
Quiet day here Joe. Maybe you could get Pigs to be a guest speaker?? :)
Still betting on a quarter percent guys?
I am still in the no cut camp....will be interesting. Have limits placed to buy back into TELOZ and CHK if they hit the markets hard today...
Hey coin I'm betting a 1/4. So far the futures have been able to predict it correctly so I doubt they will surprise us.
With a 1/4 cut already priced in does the general market correct with no cut? It seems no matter what the decision, the markets will rally, unless they raise rates. How do you win in a market where bad earnings equal a 13% rally (GM)????
With miners up so far with a down day in gold, this is telling me they know gold will get brought down on its own later today.
Joe,
Got a picture of this friend? :)
I have friends...but dont often spend the night at their house. :D
J
Well, I was wrong. .25 cut. Now it will be interesting to see what happens in the next six weeks...
I am out of here. Have a tee time at Pebble Beach today. :)
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