2008-01-30 希望渺茫

if Qs can stay above the long red line, we still have a little hope. otherwise, 35-36 is just a matter of time.

next FOMC meeting will be Mar 20/21. i guess it is very unlikely to have another emergent rate cut in Feb.

anybody knows the market's real response to the 1.25% cut in this month? probably we will have some sense tomm' or friday.