Tuesday, January 29, 2008

Waiting on the Fed

December durable goods surged 5.2% and fed fund futures indicate a 76% chance of a 50 basis point cut tomorrow. Let's hope Ben steps up to the plate


About Me

My photo
I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.