Will the market cause teh Fed to throw in the towel next month?
Tomorrow looks like 1.00% to 2.50% tomorrow
that leaves only .50 to get to 2.00% on April29
Jaywiz index still only .22, indicates more selling or at least a weak open tomorrow.
Or they could sell off after a knee jerk UP reaction to the fed cut.
CBOE pc ratio = 1.48 and is a strong buy indicator
MCOS @ -250 should allow for a bounce for a day or 2 even without the fed cut
Oil & gold in topping phase this week as mentioned b4.
Best for now
Jay
No comments:
Post a Comment