Fed will bring red

Discussion in 'Trading' started by pumpanddumper, May 9, 2007.

  1. S2007S

    S2007S


    13500 came and went, however the DOW at this moment is sitting at 13447. Seeing these markets the last month, a 200 point move in either direction is possible after 2:15pm. I think the bulls take the DOW to 13550+ today, reason being, there will be no change in rates and the same wording will be used as it has been used for the last few fomc meetings that caused the DOW to run every single time.
     
    #71     Jun 28, 2007
  2. S2007S

    S2007S

    I have some longs I will be closing out on any rally this afternoon. I would NOT go short into the 2:15pm decision.
     
    #72     Jun 28, 2007
  3. Don't know what to do right now. Looks like it will rain money again on bulls.

    I don't know, flip a coin.:)
     
    #73     Jun 28, 2007
  4. S2007S

    S2007S


    no need to flip a coin, thats only 50% chance, the BULLS are getting a 100% chance in 5 more minutes.
     
    #74     Jun 28, 2007
  5. S2007S

    S2007S

    RALLLLY TIME....
     
    #75     Jun 28, 2007
  6. S2007S

    S2007S

    SOLD my long positions!!!!

    thank you bulls. Sitting on cash for the next DIP!!!
     
    #76     Jun 28, 2007
  7. It's like clockwork.. Everytime the Fed speaks there's all this free money.
     
    #77     Jun 28, 2007