Markets remained jittery on negative job numbers.......
Ben Bernanke is getting "ready to CUT fed funds rate"
Now the only question is "when & by how much"
When could be on 10th Sep or 18th Sep......
How much could be...25....50 or 75 basis point......
Yes you heard it right here..... it could be as much as .75%.......to "narrow the GAP between Fed funds rates VS 10 year rate"......stay tuned !!!!
Everything was RED except my timely sale of EGO @ open.........
Monday should be a much calmer to HIGHER day on Wall & Broad........
On my post saturday by 10AM...I will have a list of stocks which are "technically WEAK/STRONG & MOMENTUM"......for your due diligence.
BLOG does not give buy or sell.
Saleem
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