abc news rumour of 50pts fed, page-12

The seppos are impossible to follow sometimes. I was just watching an article on Bloomberg regarding the 50 pts raise issue. Some are saying that if it is raised 50 pts then the US market will see it as a definite end to the continuing rise in interest rates and hence, investors will dive into stocks and up goes the DOW.

Others are saying that there is speculation that there may be a 50 pt rise, but say that it won't happen. Hence, when it only raises 25 pts, the market will be relieved, investors will dive into stocks and up goes the DOW.

None of them are talking crash, and none, at least today, are talking bears. They all seem to be betting on when the bulls will start running again.