Dow soars 286 points today

[GoUSC]

They better not lower the damn rates. If they do Mr. Bernanke will then cement in my mind that the Fed’s job is not inflation control but Wall Street control.

[LA_Renter]

They are anticipating the FED to change its language which will open the door for a rate cut later in the year. They are also anticipating language that acknowledges the current state of the credit markets. If the Fed comments maintain a hawkish view on inflation the market will be really pissed….you saw Cramer the other day.

[LA_Renter]

They are anticipating the FED to change its language which will open the door for a rate cut later in the year. They are also anticipating language that acknowledges the current state of the credit markets. If the Fed comments maintain a hawkish view on inflation the market will be really pissed….you saw Cramer the other day.

[LA_Renter]

They are anticipating the FED to change its language which will open the door for a rate cut later in the year. They are also anticipating language that acknowledges the current state of the credit markets. If the Fed comments maintain a hawkish view on inflation the market will be really pissed….you saw Cramer the other day.

[patientrenter]

LA_Renter has it right.

This (likely) doveish stance by the Fed, and the rush to increase the $ limits on FNMA/Freddie loans, and the FAS 140 interp from the SEC…. may start to add up. And expect lots more…. It’s not all in the bag by any means.

Patient renter in OC

[patientrenter]

LA_Renter has it right.

This (likely) doveish stance by the Fed, and the rush to increase the $ limits on FNMA/Freddie loans, and the FAS 140 interp from the SEC…. may start to add up. And expect lots more…. It’s not all in the bag by any means.

Patient renter in OC

[patientrenter]

LA_Renter has it right.

This (likely) doveish stance by the Fed, and the rush to increase the $ limits on FNMA/Freddie loans, and the FAS 140 interp from the SEC…. may start to add up. And expect lots more…. It’s not all in the bag by any means.

Patient renter in OC

[Chris Scoreboard Johnston]

Today does not mean anything, the market was incredibly oversold, right at the 3 standard deviations on a 60 day regression channel. Bounces can happen at any time when you get to that type of an extreme. It is my opinion that the PPT (Plunge Protection Team was at work here) When you see buy programs come out of the blue in the futures in the last hour on a day like this (about 200 points of today came in the last hour), that is the PPT working. Once you get used to watching market action closely, it is easy to see when they show up. I actually used to have a few day trading strategies designed around trying to front run their action.

For those not familiar with this terminology, this refers to the group of insiders that are “urged” by certain people to buy to stop things from freefalling. I learned about this from a friend who used to run a huge mutual fund in NY a few years back. It also can be the Fed working its magic through others without actually doing anything themselves. If they could pull off another day like today, the heat would be taken off the Fed, so it would not be a surprise to see it happen.

I agree with most others here, that it is unlikely the Fed will do anything. Kramer is all over the place hedging his opinions, and I doubt Bernanke cares what he thinks.

[Chris Scoreboard Johnston]

Today does not mean anything, the market was incredibly oversold, right at the 3 standard deviations on a 60 day regression channel. Bounces can happen at any time when you get to that type of an extreme. It is my opinion that the PPT (Plunge Protection Team was at work here) When you see buy programs come out of the blue in the futures in the last hour on a day like this (about 200 points of today came in the last hour), that is the PPT working. Once you get used to watching market action closely, it is easy to see when they show up. I actually used to have a few day trading strategies designed around trying to front run their action.

For those not familiar with this terminology, this refers to the group of insiders that are “urged” by certain people to buy to stop things from freefalling. I learned about this from a friend who used to run a huge mutual fund in NY a few years back. It also can be the Fed working its magic through others without actually doing anything themselves. If they could pull off another day like today, the heat would be taken off the Fed, so it would not be a surprise to see it happen.

I agree with most others here, that it is unlikely the Fed will do anything. Kramer is all over the place hedging his opinions, and I doubt Bernanke cares what he thinks.

[Chris Scoreboard Johnston]

Today does not mean anything, the market was incredibly oversold, right at the 3 standard deviations on a 60 day regression channel. Bounces can happen at any time when you get to that type of an extreme. It is my opinion that the PPT (Plunge Protection Team was at work here) When you see buy programs come out of the blue in the futures in the last hour on a day like this (about 200 points of today came in the last hour), that is the PPT working. Once you get used to watching market action closely, it is easy to see when they show up. I actually used to have a few day trading strategies designed around trying to front run their action.

For those not familiar with this terminology, this refers to the group of insiders that are “urged” by certain people to buy to stop things from freefalling. I learned about this from a friend who used to run a huge mutual fund in NY a few years back. It also can be the Fed working its magic through others without actually doing anything themselves. If they could pull off another day like today, the heat would be taken off the Fed, so it would not be a surprise to see it happen.

I agree with most others here, that it is unlikely the Fed will do anything. Kramer is all over the place hedging his opinions, and I doubt Bernanke cares what he thinks.

[hipmatt]

if they are gonna lower rates, watch the dollar fall even more, and gold should break into record territory. It may actually drive up rates on the 10 year treasuries as investors will be dumping them if the dollar keeps falling.

I really don’t think a rate cut will do anything for the housing market.

[hipmatt]

if they are gonna lower rates, watch the dollar fall even more, and gold should break into record territory. It may actually drive up rates on the 10 year treasuries as investors will be dumping them if the dollar keeps falling.

I really don’t think a rate cut will do anything for the housing market.

[hipmatt]

if they are gonna lower rates, watch the dollar fall even more, and gold should break into record territory. It may actually drive up rates on the 10 year treasuries as investors will be dumping them if the dollar keeps falling.

I really don’t think a rate cut will do anything for the housing market.

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