Tonight is the night
FED around 3am( asian zone ) gonna announce cut rate 0.25 or maintain . I am in long position, hoping for cut rate happen
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lucaspan : so cutting rate is good or not
TiA Wong OP lucaspan : Good for long , bad for short position
6554 : some says , cut rate not good for tech stock . they move back to other industry
Patrick Yap 6554 : when bank interest rate cut , more small companies will be more incline to borrow money to expand their business , big tech companies don’t need to borrow that much