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 Fed Reduces Rate by Half-Point; 2nd Cut in 8 Days

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ajitanand
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PostSubject: Fed Reduces Rate by Half-Point; 2nd Cut in 8 Days   Thu Jan 31, 2008 7:53 am

Get ready for the upmove today Smile

http://www.nytimes.com/2008/01/30/business/30cnd-fed.html?em&ex=1201842000&en=3a9703a90f887dd8&ei=5087%0A
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Anid_007
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PostSubject: Re: Fed Reduces Rate by Half-Point; 2nd Cut in 8 Days   Thu Jan 31, 2008 9:54 am

ajitanand wrote:
Get ready for the upmove today Smile

http://www.nytimes.com/2008/01/30/business/30cnd-fed.html?em&ex=1201842000&en=3a9703a90f887dd8&ei=5087%0A


I dont think that we will witness any significant upmove today, not before 1st (possibly 3rd) weekend of Feb08.
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Fed Reduces Rate by Half-Point; 2nd Cut in 8 Days

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