Waiting for the big Kahuna 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.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Real Man who wrote (79077)	1/24/2008 9:26:10 PM
From: Cabo Eddy	Read Replies (1) of 94695

Vi, I think the bulls are going to be disappointed at the next Fed meeting. The Fed got snookered into cutting this week when they thought the world was falling apart because of problems in the USA, when really it was a rogue trader across the pond. Europe wasn't down huge because MBIA was feared about going out of business, it was down because people thought Soc Gen was bust and had to unload 50 billion in losses. The Fed didn't want to cut before the meeting or they would have cut last week. Their hand was forced early and they aren't going to cut next week or the max they will cut is 25bp. Look at Fed Futures or gold or the dollar, bulls are going to be sadly disappointed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next