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To: Bid Buster who wrote (354430)	1/22/2008 12:36:33 PM
From: Real Man	Read Replies (1) \| Respond to of 436258

Let's see what they can do to this crashing market, and if it even matters. If the Fed does not matter, they will sell it in size. -g- I'm thinking of 2003 in reverse. Yes, there will be minor and bigger bounces, but these markets can stay oversold until they reach a whole new price level. -g-

To: Bid Buster who wrote (354430)	1/22/2008 6:04:44 PM
From: Real Man	Read Replies (2) \| Respond to of 436258

25 priced in. <g> Did you say gold to da moon? The FOMC said it took this action "in view of a weakening of the economic outlook and increasing downside risks to growth." The statement added that, "Appreciable downside risks to growth remain." The latter statement fed the market's belief that there will be another substantive rate cut at the Jan. 29-30 FOMC meeting. Currently, the fed funds futures market is pricing in a 76% probability that the fed funds rate will be cut to 3.00% next week.