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If FED Cuts rate

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KVW
Super Contributor
Will we see a bounce tomorrow amid a FED rate cut, I'm thinking on buying today before 3:30 and selling tomorrow before 3:30......
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13 REPLIES 13
SimonPB
Valued Contributor
futures pricing in a 96% chance of a 50 bps cut .
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Not applicable
Becareful, the rally if any as a result of a rate cut may be shortlived, like 5 mins. Cutting rates stoke infation. It will be the second cut in the space of 3 weeks, not good.
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_nova
Super Contributor
the FX market is also in a flap over what to do. Nbody knows whether a 50bps cut has been factored in. The problem is that the FX market is looking more at the VIX and LIBOR than rates at the moment
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KVW
Super Contributor
Vix took a pounding last night
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KVW
Super Contributor
But the DJ Futures are over 300 points +309
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john_1
Super Contributor
If in doubt...stay out!!
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DST
Super Contributor
VIX pricing in an 80.06% chance your trade will be in the wrong direction.
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Brazen
Super Contributor
Red or black.
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Brazen
Super Contributor
And if I was gonna take a bet based on gut - I'd say we're going to see a big rally. And no jokes about big guts are needed.
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louisg
Super Contributor
You mean to say that you don't see the blood and GUTS on the street. Who has guts left?
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john_1
Super Contributor
When the long term boys show their pain its time to go long...thanks LG you made me a fortune tonight as I am long into this rally as a result of your post (among other things).
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louisg
Super Contributor
John, don't say I don't do you any favours. I'm LOVING this market.
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louisg
Super Contributor
Long term, BUY BUY BUY. Buy quality only.... ALWAYS.
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