This had to be the biggest telegraphed move ever.
Here is my opinion about the rate cut…The FED is [email protected]#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.