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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (2532)8/7/2007 4:12:55 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 6370
 
Cramer's views on the Fed action, in summary:

"Nope. Not what we wanted. Not what the markets needed. We need more than that. We needed something that switched the bias to worry about growth." -- Cramer, 2:48pm

"The Fed has acknowledged "downside risks," which tells you that if things get worse they will switch. The market likes that." -- Cramer, 3:50pm

Someone please get the poor man some lithium...