Wow, that was quite the roller coaster. Futures showed that 50 basis point cut was expected and that's what happened. Markets spiked, but ended lower. Even XLF (spider that tracks financials) ended lower. If 125bps cut within a few weeks can't prop up financials for more than an hour or so then what can?
The market/addict keeps shooting up on rate cuts but each successive one has a smaller and smaller effect. Do we get the Gates of Hell now?
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Fed Cuts 50 = Crazy Day
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Fed Cuts 50 = Crazy Day
by perfectfire » Wed Jan 30, 2008 1:40 pm
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Re: Fed Cuts 50 = Crazy Day
by Pndscm » Wed Jan 30, 2008 2:33 pm
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Re: Fed Cuts 50 = Crazy Day
by perfectfire » Wed Jan 30, 2008 3:11 pm
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by AwaySooner » Wed Jan 30, 2008 4:02 pm
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No longer housing bear
by sid » Wed Jan 30, 2008 10:04 pm
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Re: No longer housing bear
by deejayoh » Wed Jan 30, 2008 10:25 pm
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Re: No longer housing bear
by perfectfire » Wed Jan 30, 2008 11:17 pm
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Re: No longer housing bear
by sid » Wed Jan 30, 2008 11:32 pm
Last edited by sid on Wed Jan 30, 2008 11:34 pm, edited 3 times in total.
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Re: No longer housing bear
by sid » Wed Jan 30, 2008 11:33 pm
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Re: No longer housing bear
by carlislematthew » Thu Jan 31, 2008 7:36 am
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Re: Fed Cuts 50 = Crazy Day
by sid » Thu Jan 31, 2008 8:56 am
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Re: No longer housing bear
by deejayoh » Thu Jan 31, 2008 10:35 am
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Re: Fed Cuts 50 = Crazy Day
by perfectfire » Thu Jan 31, 2008 11:15 am
Remember, if you rent it's not a home, it's a hovel.
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Re: Fed Cuts 50 = Crazy Day
by Pndscm » Thu Jan 31, 2008 12:59 pm
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