Fed Cuts Key Interest Rate by 1/4 point

LETS SLAP THE BULLZ

The Federal Reserve cut the benchmark federal funds rate by a quarter-percentage point to 4.5 percent on Wednesday to buffer the economy against a housing downturn and tighter credit conditions.
The decision by the central bank's Federal Open Market Committee was widely expected by financial markets. The U.S. central bank lowered rates by a more aggressive half-percentage point at a meeting last month in response to market turmoil and abruptly higher risks to economic growth.

My Sell Order Today - CRDC (CARDICA) & CDS (China Direct)

US Markets on steroid ahead of FED rate decision anouncement while Canadian TSX raging after fiscal policy (tax cuts) anouncement yesterday. Time to sell some dogs - I am selling some losers today to preserve capital.

US Real Estate Crash leaves Feds Sandwiched between the Rock and Hard Place.

American dollar is in consistent down channel while other currencies namely Canadian loonie is aggressively on the rise. This pattern is going to continue as the crashing dollar all of a sudden is going to make things expensive north of the border. Soon the treasury would have to raise the interest rate in US to delay the crashing dollar. Canadians are flocking to US on shopping free for daily consumable to investments. Say Hello! to 24 hr Wal-Mart.
If the Feds cuts the interest rate it would make holding the US dollar less attractive speeding the dollars crash.
If the Fed raises the interest rate to protect the dollar then increase in mortgage payments will send shock to the US real estate market.
The above is no proprietary knowledge; macro gurus have been making this a headline lately.

November 2007 - It's time to Slap The Bulls!!

The market is at crossroads and it appears that sector is rotating. Stocks that have multinational footprint are peaking our interest. Please see my current portfolio of holdings.
I believe the stock market is a bit oversold - it's time to slap the bulls in November and let the year end rally begin.