Posted by cwa82675 on 18th of Feb 2010 at 04:52 pm
Im not sure the .25 point raise on discount window rates is that
big of a deal, the more important part is the signal the fed is
sending to the market thatthey are ending their term of caring for
the banks. This only costs the banks and not the consumers directly
if I understand the idea behind the discount window directly.
wow watch out... we get another country in europe having problems
and we could be starting wave 3...
Posted by ducksoup on 18th of Feb 2010 at 05:15 pm
Ditch, can you explain why the change in the discount rate
affects the Greek debt situation? I have trouble connecting
the dots. Appreciate your posts.
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Posted by steve on 18th of Feb 2010 at 04:32 pm
FED just hiked discount rate
Glad I bought some SPY
Posted by asantana on 18th of Feb 2010 at 05:21 pm
Glad I bought some SPY puts at the daily 50 tag
futures spiked down after hrs
Posted by matt on 18th of Feb 2010 at 04:33 pm
futures spiked down after hrs on the Fed news.
Also US Dollar spiked and gold fell 12 point
how much did they raise
Posted by 8899 on 18th of Feb 2010 at 04:41 pm
how much did they raise rates??? 25 basis points?
From 0.5 - 0.75%
Posted by saturn6 on 18th of Feb 2010 at 04:43 pm
MAX PAIN
Posted by perthx on 18th of Feb 2010 at 04:49 pm
for option holders tomorrow....INDEED!!!!
Im not sure the .25
Posted by cwa82675 on 18th of Feb 2010 at 04:52 pm
Im not sure the .25 point raise on discount window rates is that big of a deal, the more important part is the signal the fed is sending to the market thatthey are ending their term of caring for the banks. This only costs the banks and not the consumers directly if I understand the idea behind the discount window directly. wow watch out... we get another country in europe having problems and we could be starting wave 3...
Glad they did that after
Posted by ditch on 18th of Feb 2010 at 05:12 pm
Glad they did that after hours or it would have run a bunch of my stops.
It's going to hurt the Greece problem, that could lead to a cascade of problems......
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explanation
Posted by ducksoup on 18th of Feb 2010 at 05:15 pm
Ditch, can you explain why the change in the discount rate affects the Greek debt situation? I have trouble connecting the dots. Appreciate your posts.