ThinkExist Dynamic daily quotation

Wednesday, October 31, 2007

 

Fed Cut leads to gains into the final hour.

The 1/4 point cut in the FedFundRate and DiscountRate started a knee jerk reaction sell off that has now turned into 1.27% rally into the final hour of trading. 22 of the 24 GARP stocks are trading higher with some having gains of over 3% on the day. The trend is up, don't fight it. I've added all the 24 GARP stockcharts to my Red Dirt Trader Charts, they are the last 24 stocks on the list.

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Bonjour, reddirttrader.blogspot.com!
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