Wednesday, January 30, 2008

What Will the Fed Do???

We think they will cut 25 basis points.

The market will initially sell off and then rally and close higher....then the Fed saves 25 bps for a later cut if needed.

If they go 50 basis points, the Fed just shows that they are a slave to the traders. If they cut 50, then we think the market will sell off and stay lower.

Hey...we gotta predict something.

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