XJO 0.88% 7,959.3 s&p/asx 200

1000 uses for a dead spi bear wednesday, page-86

  1. 1,889 Posts.
    suggest you correlate the following chart link with chart of DJIA over same period . rate cuts and market rallies arent neccesarily hand in hand . top of the interest rate cycle rate cuts generally followed by the R word



    .................. the usual wry smile


    http://research.stlouisfed.org/fred2/series/FEDFUNDS/chart?cid=118&fgid=&fgcid=&ct=&pt=&cs=Medium&crb=on&cf=lin&range=Custom&cosd=1990-07-01&coed=2007-07-01&asids=+%3CEnter+Series+ID%3E&cg2=Refresh+Graph
 
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