FED cut interest rate by 50 basis point - from 5.25% to 4.75%

Fed cuts interest rate by 50 basis point :P

Straight away cheong up :P There's one point it shot up +214, then it came down again. Oh well, got to wake up early to see the action. Basketball, FED really surprised me with its 50 basis point cut. I expected (and the market expected) 25 basis cut, but really...this is something :P



Tmr CHEONG AH! Let's see how it closes :P