Tuesday, March 18, 2008

The Market Will Rally 400 Points Every Tuesday...

I really wish I could've told you that at the beginning of day instead of the end. But let's try it again next Tuesday. Cue the Fed to cut another interest rate, any interest rate. Watch the market rally 420 points again. The only problem with the tactic is with Fed Funds at 2.25%, we're running out of rates to cut...

1 comment:

Stephen said...

Negative Repo baby!!!!! (Vince was honestly testing the system last week to see if they would take) Who would have thunk... Let's just think about this for a minute. I will take those U.S. Treasuries and pay you to hold my cash b/c all I know is that they are 100% guranteed. COME ON....WHERE ARE ALL THE RAITIONAL PEOPLE!!!!!