Will Ben Say The "R" Word?

I could care less about a 50 bip cut, it’s in the market. I also don’t care that Ben will try and telegraph that he will still use all the broken arrows in his ragged quiver to “calm markets.” I want to him to say g-l-o-b-a-l r-e-c-e-s-s-i-o-n. A phrase that he has been unable or unwilling to say.

The market is getting that coiled spring kind of feel and I will make a move short or long after the announcement. The 5 minute charts on the indexes look VERY bullish as I write, but as we all know that can change quickly.

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