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Fed Rate Cut

Posted 9th December 2007 at 12:56 PM by abhiban

every one looking for fed rate cut but i don't think fed will cut rate this time,fed may be looking in month of jan for rate cut but not this time.fed will cut discount window rate by .25bps.so mkt not going to touch and trade above all time high.let see,so please do not take any big buy or sell call this time wait till 11th dec.take care,bye.

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	Please don't post duplicate messages ... one in the forums and the other in the Blogs... Btw Nice post
	Posted 9th December 2007 at 02:21 PM by admin

Hi Abhiban,

Pl. don't confuse people by your comments like this. If Fed rate cut become eminent to better off US economy Fed rate cut will be done irrespective of whether our market gets the beneit. DOW Jones itself had gone up yesterday & today our Indian market also reached all time high. Even the Bank of England has done rate cut. You need to go deep into the subprime problem & the results thereof. Our market was down during last 2 days; only today it was up considerably.
Let us wait for Fed announcement and I would like to respond to your mail onca again after that.

Thanks,
Anup

Posted 11th December 2007 at 08:14 PM by Anup07 Anup07 is offline

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