Monday, September 15, 2008

doubled ESZ8 long @ 1176.5

Atilla thinks FED will probably cut the rates tomorrow

6 comments by xTrenders :

IC said...

Hey, I said that on Friday and you laughed at me!!!!! Just kidding, but I did say it, and I did tell you Sept 11 would be an up day. So can I be an Xtrend member?

admin said...

lolll... but you were bullish all the time :)

Dcengr said...

Sol I just posted a study of 4% down days on my blog..

Yeah I expect an up day tomorrow.. perhaps a fed cut.

But study also shows 2-5 days out after the 4% is less bullish..

AJ said...

Appreciate the blog, thanks
First time visitor

Question: What would a rate cut achieve and how can it be viewed as a positive?

admin said...

Dcengr said...

Sol I just posted a study of 4% down days on my blog..

Yeah I expect an up day tomorrow.. perhaps a fed cut.

But study also shows 2-5 days out after the 4% is less bullish..

Monday, September 15, 2008 11:44:00 PM EDT

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thanks dcengnr, I will check it now

admin said...

AJ said...

Appreciate the blog, thanks
First time visitor

Question: What would a rate cut achieve and how can it be viewed as a positive?

Tuesday, September 16, 2008 12:14:00 AM EDT

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Basically it will do nothing to the economy, it will scare the shorts and we will have a short squeeze, I will make money on shorts. Thats all .