I see the fed cut .75% off the funds rate today after the market dropped by 300 pts. in the first minute of trading, going down as much as 465.. Then finished down a mere 128 pts. after the rate cut.. Free market? Good one. .. cool. I'm sure I just got poorer by 10% - 20% after the "gift".
This is bullsh t... I shoulda invested everything I had in cocaine instead of saving dollars...
Better yet, I coulda been a crankhead and got another crankhead pregnant and lived in free housing, which was like $240,000 a unit at the new Belle Haven Estates in my town for wayward crankheads and their kids.. I'm pissed.
Stocks dive, then rebound after Fed cut - MSNBC Wire Services - MSNBC.com