Selling the Rate Cut…Duh

Posted by Howard
on December 11th, 2007

This had to be the biggest telegraphed move ever.

Here is my opinion about the rate cut…The FED is fu@#ked.

Bush is shitting on Europe for sitting out the war and we are funding debt by printing money…agan…big Duh.

We juts ran 1,000 points into the news. I would like to see a 500 point selloff since I am bullish. I doubt we get it based on the end of the year flood of bullishness.

If we do, fine. I was sellling down VMW, SPY and other big runners like RICK, FSLR and CSIQ the last few days.

I have a whole list of new leaders that i would buy down 500 points.

Bring it.

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