350Z's I fund thread OCT 07

[James48843]

Foreign markets al down this moring- Japan, CAC, DAX, FSTE all down around a half percent.

Red day.

[chandler51]

With a .25 cut already factored into the market, which scenario do y’all see as more likely to occur tomorrow: a .5 cut or no cut?

[Robo5555]

With a .25 cut already factored into the market, which scenario do y’all see as more likely to occur tomorrow: a .5 cut or no cut?

I see another .5 cut coming. It's almost expected. I thought into going to the S fund for a day but 350's analogy is right. The I fund is the best bet for cob today.

[Minnow]

What would 12% do? .... hmmmm ...... my guess is he'd let it ride!!!!!!

[Robo5555]

What would 12% do? .... hmmmm ...... my guess is he'd let it ride!!!!!!

Agreed!

[chandler51]

It’s a tough situation for the Fed. Rates need to be cut to stimulate the economy, but rate cuts tend to weaken the dollar and drive the price of oil higher. Fine line.

I moved over to the G for today, but can't decide between the I or F for tomorrow.

Yep, I miss the views of 12%.

[NyteTracker]

350z,
Here's a quick view chart: gold, oil, dollar, yen, 10-year.
As expected, the headlines are active this a.m.
http://finance.yahoo.com/q/cq?s=%5EX...=X,%5ETNX&d=v1

[SCHAGAN]

NOOOOOOO I am NOT his wife..or anything!

Disregard previous comment. I am looking for reliable data from reliable sources.

[Cortez]

What is the reasoning behind the strategy that I would be superior to S for WED and THURS?

[James48843]

I think "no cut" is more likely.

Just my 2 cents.

[fedgolfer]

Ben likes to surprise (unscheduled discount rate, and the surprise 50 pt FFR cut). The indices have been pricing in a 25 pt cut FFR (we'd be challenging the double top if everyone really thought a 50 was coming), a 50 would surprise the market to the upside. I'm sure he'll tinker with the discount rate too to help the commericial and investment banks. GS is trading on a 5day rising wedge that broke out of a longer term double top, do they know something? It looks like the wedge could be broken to the downside on the release of FOMC (profit taking/sell the news)... but the bullish arguement is that it busted out of its double top... and that breakout could be a leading indicator and the indices could follow. Obviously that doesn't help us with our TSP IFT deadline.. but it will help us out in our more nimble accounts.

So my guess is we sell the news on a 25 cut... we rally on the 50 and an additional discount rate cut.

GOOD LUCK TO ALL!

[James48843]

I'm showing "I" down nine cents right now.