1/2 point of fed funds AND discount - surprised to say the least. You slice it anyway you like - good for market or what the heck do they see that made them do this? trade the charts in the interim

Do Not Yell At Me For Discussing Fundamentals

Skepticism does seem to come with being a trader - not sure if that is good or bad. Naturally, I was not being 'mean' to Liesman - I just like to hear from traders versus journalists.

Do Not Yell At Me For Discussing Fundamentals

Cesarnc - I was not making a jab at you by any stretch - I just have this uncontrollable reflex (been to see the doc about it) that forces me to comment on Steve Liesman whenever I see or hear him.

Do Not Yell At Me For Discussing Fundamentals

Steve Liesman - Journalism Major from Columbia with no trading experience - hmmm, just not seeing the value of his analysis. Sorry guys/gals - been in this biz too long, I get a bit jaded at times with the press/media.

Do Not Yell At Me For Discussing Fundamentals

Over trading has never been my issue, I am too particular and that can be a problem too as I miss out on many trades by merely waiting for something too perfect. Nonetheless, I have worked with many traders over the years and it seems to me that the ...

The art of Staying Out Of The Market

Valid point - the market would in fact get whacked if rates are not cut and a lot of people (i.e. Wall Street) would lose money and be very pissed off! Merlin's point is valid and in-line with my thought though - it is not the Fed's job to react and ...

Do Not Yell At Me For Discussing Fundamentals

Ah yes, Oregon, what a great state to live in - quality of life is superb! Glad you are enjoying it too.

Do Not Yell At Me For Discussing Fundamentals

While I can add nothing to the conversation regarding automated trading, I am discretionary, I can say that spending less time in front of the screens is always beneficial to my trading. As a colleague is always fond of saying - 'when I think I can ...

Automated Trading