Fed cuts, bulls buy, tech winners.....and Liz Claman

When the Fed announces a rate cut, I call my wife at 215pm at her workplace (a credit union) to inform her of the amount, then get her take on it. When the 3/4 point cut was announced today, we watched the Dow go from up 300 pts. to up only 150 in a matter of ten or fifteen inhales and exhales. We both figured it would not get much better, and could be worse.

Oops.

Dow finishes today up 420 points! Good day for tech stocks, even real estate companies had a good day (that's gotta give someone some hope somewhere!)

Now, time for the overseas ripple effect and see what 9:30am tomorrow brings. Meantime, those of us STILL unemployed just want to cut through all the speculation, figures, et al, and get a job. It's a great feeling to know you are feeding your kids.

And in closing, Fox Business brings me the information I need and the personality and looks of Liz Claman. CNBC's loss is Fox's gain. Whoo hoo!