FOMC announcement at 12:30

Bernanke& co are just a bunch of aholes, why do they need 3 announcements (the "announcement", the forecast, the conference) ? Me thinks they want to keep their option open to support and sweet talk the market after the "announcement".
If they do QE which I doubt they will or some other measure, will they announce it at 12.30 or only during the press conference at 2:15 ?

 

Usually at 2:15

 

Why is that such a problem for you?

 

http://cxa.gtm.idmanagedsolutions.com/finra/marketdata/default.aspx#a_calendar

scroll down to
Economic Indicator Calendar


after today's PPI numbers any further QE's would be clearly insane. imo off course

 

Is that why the S&P went crazy at 12:30 EST?

 

Are you f*cking serious?? Do you NOT check the econ calendar every morning before trading?

 

You don't honestly think Ben cares about inflation, do you?

 

Not usually.

I'm holding stuff longer term now anyway so I don't really care about daily craziness. Plus I can't predict price anyway so even if I know a big announcement is coming up I don't know if it's going to make price go up or down.

If I was trading intraday I would probably not trade around the time of big announcements.

But since I've been holding a long SPY position for over a month now, it's not really applicable.

 

I dont trade around big announcements either but I need to know when they are so I'm not in a position.