Fed rate cut of 1/4 % in both fed funds & discount rate is right on the money....
Fed real message is that economy is chugging along nicely......
Fed is not panicking into deeper cuts as expected by "nervous nellies"
Market will like the confidence which fed is displaying...so we head higher $$$$
Technology will be the biggest beneficiary of an improving economy.....
Nasdaq is taking off as I write.....Up26+
Good luck in the final hour $$$$
Saleem
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