Tuesday, March 18, 2008

More cheese

The Fed throws the bulls more cheese in the form of 0.75% rate cut. Nice one - but does this bring us back to 2003-2007 style rallies (persistent), or is it time to wait for the next Sell All Rallies opportunity? Volatility indexes collapsed spectacularly today, some more than 20% down. Put call ratios also came way down. I'll take a vacation until the bulls are done... "The Federal Reserve cut its main lending rate by three quarters of a percentage point to 2.25 percent as officials try to prop up the faltering economy and restore faith in the U.S. financial system." - Bloomberg.com

4 comments:

Anonymous said...

wtf do you mean vacation? you have been awol for last two months . you add no value to the blog world, your a pssy .

Jake said...

anony heheehehe
give the guy a break !
Lauriston seems like a pretty nice person .

Gary said...

Yes this little troll is just rude. Why don't you add something of value instead of just cursing?

Anonymous said...

why don,t you post some dated material gary? don,t have enuff time to post both boards anymore? you are a pimp. btw, how was your vacation? lol u pimp.