Fed cut by the open?
Irational fear by shorts, or irational fed.
Seems wierd the fed would be afraid of 11K..... It seems like a very rationaly "Med recession Level"........
I don't think it will happen.... My thesis last time was that if the Fed promiced a cut, Verbaly... they had to follow through or there would be a Crisis..... The empty promice was worse than none at all.
Not sure I have the where-withall to do much blogging
Fun fun fun
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, March 7, 2008
Morning
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