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Vote on the Fed Rate Cut

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August 17, 2007 – Comments (1)

1 Comments – Post Your Own

#1) On August 18, 2007 at 8:58 PM, abitare (49.90) wrote:

I was short, short on Thursday the day prior to the rate change, but I was lucky and closed most of my trades by end of the day on Thursday. Or I would have gotten murdered on Friday by Helicopter Ben. FED betray the market by intervining on behave of the longs. It does far more damage to the market when a third party intervines and disrupts the process.

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