both bidu and goog are looking like they have put in their lows for today.
looks like the big down day is going to have to be put on hold again.
anyone short should probably cover here.
Let's reflect...
Ben basically tells the world in Sept/Oct he'll be cutting rates again.
Lures in the regular fella and others double up.
BOOM
2 days in November ( why November? why not) then a year or more of gains are gone in a jumping jack flash.
Lot of people going to be keeping their money in CD's, money market funds in the future.
I think Ben set it up. It was fixed.