Wednesday, October 31, 2007

FED Rate Cut?

This is the moment I have been waiting for the catalyst that I needed and it has arrived. Even though they have not reached a conclusion of cutting rates or not but the expectation is really high. This is why it is a good time to day trade AMZN, BIDU, AAPL and etc. If you feel uneasy about the rate cut than you can sell it before market close, but the hype of rate cut will helped the market out today. I am still holding AFSI waiting for the rate cut or trade intraday with it. Will try to get amzn, bidu and aapl today for the cheapest price

3 comments:

daytrader said...

I am really upset and angry at the way the media is presented. Why in the world they release the rate cut during market hours. This is what drove this market down very quick. People buy the rumor sell the news. They would have been smarter if they announce it after the market hour is over so these stocks open at a higher price.... Now my AFSI potential 14.50's that I was looking for from this catalyst is gone and have to sell it at the 14's. Very upset

Anonymous said...

This blogsite is a total joke.anybody that thinks amazon is a hot stock these days has to be a total retard. the stock hardly moves . The money is in Baidu.com and Google .

Inforthemoney said...

This must be a joke because I see you spending a whole lot of time reading this? And by the way he daytrades not a bagholder like you fool