Mastermind: << There is a "hysteria"
being made about interest rates and it's unfounded.>.
Oh really? Show me where, in the buying and selling of stocks, that you see any of this is linked surely to interest rate issues. It has nothing to do with $40 oil? With credibility hits in Iraq perhaps impacting the Presidential election (which, in turn, impacts the Presidential cycle)?
I don't mean to say it's not related to interest rates. I just think that "big money" that moves the market would know, like most here, that market's tend to be UP a year after the first rate cut. If so, what is being priced in?
There's clearly nutty action going on. Hysteria? SMH and QQQ volume huge. Naz volume not so. Define your terms and tell me, other than articles theorizing interest rate issues, how you know that that is what has moved things around.
the freep
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