Fed Trick or Treat?

Coming upon us tomorrow is one of the most critical Federal Reserve Board meetings arguably since the one held after 9/11 as markets watch with anticipation to see if the Fed cuts rates or holds them pat.  Most people are betting on a quarter-percent rate cut; but others aren't so sure. To be honest, after last meeting's surprise half-point cut I'm not sure what they'll do.  I do know one thing - if they don't cut tomorrow stocks are going to get killed.  The market has been run up with a Fed cut already priced in to the market; and any change from that stance is going to take a lot of money off the table in stocks. From Market Watch: Many economists and players in the financial markets expect the Federal Open Market Committee to lower the target on the federal funds rate