market not sharing wall st optimism, page-84

Hardball, just having a look at the charts with my morning coffee and yes I think a small green day is likely. I'm not sure whether the fed will cut but if they don't I can see some disappointment and a sell off. If they cut again, surely that means the economy is screwed and I can't see the justification for a rally. Still the US markets have been playing opposites on news for a while so who knows. If you are still short it might pay to watch closely around decision time. I haven't been holding positions during fed announcements because they can move stuff too fast.