Good Morning
Its been crazy in the market for day traders. People are getting slammed left and right. I'd even wait for a more weeks to start buying more into mutual funds and long term investments. The Nikkei closed last night up 256 after the feds statement. There are talks about Ben Bernanke might cut rates even more. These are some crazy times on the market place. Be Careful!!
JP
Showing posts with label Cut. Show all posts
Showing posts with label Cut. Show all posts
Wednesday, January 23, 2008
Tuesday, January 22, 2008
Daily Fundamentals 1/22/2008 Breaking News!
The Federal reserve chairmen cut rates by .75 percentage points, This sent the futures and forex markets into a frenzy. dollar/yen moved nearly 200 points, and gold shot up nearly 20 dollars. but, is suspected to return to its moving average.
All international markets were down yesterday, European markets were down 200, Asian markets down 750 and US markets down 59 points. Its going to be interesting to see what the markets do after the fed cut.
I'd be careful today, Extreme Volatility....
All international markets were down yesterday, European markets were down 200, Asian markets down 750 and US markets down 59 points. Its going to be interesting to see what the markets do after the fed cut.
I'd be careful today, Extreme Volatility....
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