So we see that the FED has cut the interest rate by a half point, which allowed the market to bouy a little higher, almost touching that 14k+ point previously reached. But the market pulled back today on earnigns and other news. We hear recession all over, but is that really where we are heading? Can we break this 14.2k resistance? It is times like these were you should have some protective puts in pace, just in case, things go south on you. Check out more information at www.freeoptionspick.com
On another note oil hit $83, but analysts say that we will not be affected at the pump due to decreased demand going into the winter. We have a close eye on stocks like SUN, which is really up there but may take a breather soon.
Till next time,
Thursday, September 20, 2007
FED
Posted by
Dre
at
5:17 PM
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment