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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (2023)1/26/2001 2:09:32 PM
From: Rich1  Read Replies (1) | Respond to of 15481
 
Even worse if for some reason they don't raise 50 BPS we get a massive selloff..



To: Jorj X Mckie who wrote (2023)1/26/2001 2:44:38 PM
From: Junkyardawg  Read Replies (1) | Respond to of 15481
 
I read somewhere the other day (don't remember the link) but the article said that the 50pts the fed cut in Jan. attributed to somewhere around 10 billion dollars coming back into the economy.
Now if another 50pts is taken off then by my math that is a minimum of 20 billion stimulating the economy thus the market.

Maybe I am nuts but I just can't see the huge short positions staying short into those kind of numbers. I would also bet that 20 billion is a low ball number. With the 50pts we have already and another 50pts on the way that could cause a ripple effect and money could come pouring back into the economy at an unbelievable rate. I still think we see 3000 before Wed and I still think we go higher after the news, if it is a 50pt drop.

dawg



To: Jorj X Mckie who wrote (2023)1/26/2001 2:47:06 PM
From: Junkyardawg  Read Replies (2) | Respond to of 15481
 
No one has even considered the fact that the FED could lower 75pts. Of course I don't think they will but with all the jobs being lost anything is possible.
If the FED did do a 75 pts I think that would stimulate this economy like gang busters. Which would be healthy.
Heck why not just do 75 now sit on the sidelines let that 75 points get into the market and the re-evaluate. If they need to a couple of months down the road they could lower by 25pts till things pick up.

Just a thought
dawg



To: Jorj X Mckie who wrote (2023)1/26/2001 2:49:14 PM
From: AugustWest  Read Replies (1) | Respond to of 15481
 
Are you glad I only bought a tiny bit of glw?

Sheesh! I swear, some times!



To: Jorj X Mckie who wrote (2023)1/26/2001 3:05:53 PM
From: AugustWest  Read Replies (1) | Respond to of 15481
 
>>I wish that the 50bp thing would have been held off until the actual announcement....

Did I already agree with you? Seems they can't leave it alone on cnbs. Talk about a premature ejaculation....um, of sorts.