FED did the most horrible thing. They announced a 75bps cut now just a few days before the actual date. This to me signal that US is in a state of recession. Heli Ben is trying to save the short term but not the long term. Maybe not even the short term as many see this as too little too late!
As per my previous post, I expect tomorrow to be a great time to fish for good stock. Again it depend on how much DJ fall. If it fall more than >250 points, it a buy signal for me. If anything less than 100 points, no point buying.
Let see how the market move tonight!
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