Poll for the Fed cut for Jan. 30, 2008

[Show-me]

The poll has started and will be short.

 

[Show-me]

Who wants to be first?

 

[weatherweenie]

I do!

 

[Rod]

And since it'll be short... I'll be last!

 

[clester]

Since .25 cut is leading, how do you think the market will react?

 

[Silverbird]

Since .25 cut is leading, how do you think the market will react?

*Whine*. It's too low. *Whine* Pass the Cheeze to go with the Whine!:suspicious:
Fed sez- "Shaddup, I already gave you .75."

 

[Hallatauer]

I see at most a .25% cut. It would have been more if they hadn't panic cut the .75% last week. I say panic cut because it was done in response to the international indexies dumping on that Monday. Stupid thing is they reacted before they found out the real reason for that drop. The $7 billion fall out from the Societe Generale rogue trader. If they had waited to find out the real reason, the fed would have stayed put and given a larger discount this week. In all it comes out to be a wash except the fed and Bernake now look like idiots.

 

[FUTURESTRADER]

I agree, the 7 billion duped Bernanke into a reactionary .75. and maybe now a .25 tomorrow. How will the market take it? Sell off big immediately, then come back around when it/they see the rationality of .25? Probably not by the end of the day, however.

 

[merlin]

I agree, the 7 billion duped Bernanke into a reactionary .75. and maybe now a .25 tomorrow. How will the market take it? Sell off big immediately, then come back around when it/they see the rationality of .25? Probably not by the end of the day, however.

I agree with you Futurestrader.

 

[vectorman]

Any selling to be done will be by the retail investors. The Big Boys are buying in now, building up their positions. Ben doesn't like anyone shorting the market. How about a .75% cut and hold, and 1.00% cut on the discount. Its critical that Americans start spending again. The Fed can start backing off in the coming months.

http://www.buythebottom.com/cot_charts/s&p_500.html

 

[weatherweenie]

Fed funds futures price a 78% chance of a 50 basis point cut with the rest of the bets on a 25 basis point cut.

 

[nelsonal]

50 bp cut.