Stock Market Books

Tuesday, January 22, 2008

The Market will stage a strong rebound

The wires just reported that the US Federal Reserve had lowered its interest rate by 0.75% from 4.25 % to 3.5 % in an emergency move to calm the market.

I believe the markets globally will stage a strong rebound because of the oversold position in the last two days.

1 comment:

  1. US markets have previously adjusted for the 75 pts cut in interest rate.