QQQ & DIA - chat & chart Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : QQQ & DIA - chat & chart

QQQ 608.86

+0.1%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jon Khymn who wrote (123)	5/12/2001 2:59:48 AM
From: Jon Khymn	Read Replies (1) of 795

>>>Stocks slumped on Friday as Wall Street fell victim to a case of "good-news-is-bad-news" after surprising strength in a leading barometer of consumer sentiment cast doubt on the Federal Reserve's aggressive campaign to cut interest rates.<<< I think we'll get 1/2% cut next Tuesday. And since the market didn't rally before the meeting, not sure how long it will last, but the market will rally with the news instead of tanking. Boyz bet big on rate cut, not much on stock but on bonds, so if they don't get the cut they'll be really pissed. They've done all they could to make the environment favorable to cut rate... IF we don't get rate cut, forget short, just buy puts. Dumping will go on, big time.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next