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Fed lowers by 3/4%
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HCCoop
Posted 1/22/2008 10:10 (#289523 - in reply to #289484)
Subject: Re: Fed lowers by 3/4%


Dow down 400+ points at the open despite the fed cut.....not sure what to think about this whole market and fed relationship. Granted our economy is weak and in some trouble but the talk on MSN says the traders were dissappointed that it was not a whole point cut. What more do the traders want?? I think it is wrong that these traders have such a large impact on the fed's decisions. Any other thoughts out there??
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