and as for FOMC, I think we have to believe that a .25% cut is already priced in, but anything more will probably lead to a rally. A .5% cut will allow the Wall St banks to come out with some bad news and have that news discounted by the fed cut. Anything more than .5% cut tonight might startle the rabbits into thinking the situation is more diabolical than they thought..
In any case, the fed has the game sewn up, cos they can buy a rally from the PPT... I'm punting on a rally on a .5% cut announcement ..
- Forums
- ASX - By Stock
- XJO
- close range tuesday
close range tuesday, page-4
-
- There are more pages in this discussion • 161 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,221.5 |
Change
10.200(0.12%) |
Mkt cap ! n/a |
Open | High | Low |
8,211.3 | 8,226.5 | 8,199.7 |
Featured News
XJO (ASX) Chart |