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50 points cut on us interest rates

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    AWESOME !!!!! PHEWWWWWWWWWWWWWWWWWWW !!!

    The best news in 4 weeks ! LOLOLOL :)))

    Just talking it over dinner tonight....and had a look at the news !!!!

    KAABOOMMMMMMMMMMMMMMMMMMM !!!!

    GO U BULLS !!!



    U.S. stock futures surge after Fed move

    By Steve Goldstein, MarketWatch
    Last Update: 8:27 AM ET Aug 17, 2007Print E-mail Subscribe to RSS Disable Live Quotes LONDON (MarketWatch) -- U.S. stock futures surged on Friday after the Federal Reserve stepped in with a half-point cut to one of its main interest rates

    The Federal Reserve cut its discount rate to 5.75% from 6.25%, saying it wanted to narrow the spread between the primary credit rate and the targeted federal funds rate.
    "These changes will remain in place until the Federal Reserve determines that market liquidity has improved materially," it said.
    S&P 500 futures jumped 13.6 points at 1,439.30 and Nasdaq 100 futures rose 25.5 points at 1,882.50.
 
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