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To: jim_p who wrote (6810)10/30/2007 5:12:50 PM
From: loantech  Read Replies (1) | Respond to of 50220
 
What about gold and gold stocks jim?



To: jim_p who wrote (6810)10/30/2007 5:42:42 PM
From: Mannie  Read Replies (2) | Respond to of 50220
 
Anyone know what fed funds did today?


I believe I just heard on CNN that 17 billion was pumped into the system.



To: jim_p who wrote (6810)10/30/2007 6:37:18 PM
From: oldsman  Respond to of 50220
 
Good link for FED daily moves. gmtfo.com

Regards



To: jim_p who wrote (6810)10/30/2007 7:57:02 PM
From: SwingTrader2006  Respond to of 50220
 
Hello Jim,

In my opinion, there is no way the Fed holds steady...let alone raise. I give it a 95% chance they cut. Only question is, will it be .25 or .50? .25 will cause a quick knee-jerk selloff that will be bought up by the bulls to close strong. A .50 cut will spark a monster rally in the markets. Either way, the markets will head higher from here I expect.

Really enjoy your posts. Agree 100% with them, except for the 30% chance the Fed holds tomorrow...I give that a 5% chance :-)

AGree with your Gold position!!