uk intrest rate cut

[rob25]

hi everyone i am currently day trading the ftse 100 do you think we will see a rally when the intrest rate cut is announced.i think last time the index shot up quite a bit?

 

[mauzj]

last time it made a brief rally, and then depreciated against the european boerses. The UK is in big trouble as the citizens have indebted themselves too highly but are too lazy to work for their money.

 

[rawrschach]

Probably rally up to the announcement and then sell off when it happens.

Imo last time it came off because the ECB cut by only 50bp.

 

[arabianights]

I will be astounded if this cut is less than 150... I'm gunning for 200. Anyone with me?

 

[mauzj]

I have no view as I trade technicals. But if you're right I'll kiss your guns.

 

[WallStreetHero]

well the whole of the west has been put in debt, blame the clowns in washington not the citizens.

 

[Rossini]

I will be astounded if this cut is less than 150... I'm gunning for 200. Anyone with me?

100, I think, the markets would go wild with a 150 or 200 cut, it would be fun...