Vale SA (VALE): 40 will come and go if they cut the rate...

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Re: roadk post# 14

Monday, 10/29/2007 5:33:56 PM

Monday, October 29, 2007 5:33:56 PM

40 will come and go if they cut the rate. I am trying to figure out how the market has priced in the potential cut. Seems to me that a lot of companies have either been trading sideways or have been up big on earnings. I wonder if they are also thinking that the Fed will cut the rates in there too. Personally, I think that they will leave the rates where they are at, but I would love to see them drop a 1/4 or 1/2 point like they did last time.

-faz

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine." - John Galt

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