Poll: Fed Cut

Discussion in 'Economics' started by Tony01, Nov 5, 2002.

  1. I hope you didn't get stopped out :D
    #21     Nov 6, 2002
  2. bobcathy1

    bobcathy1 Guest

    I stay out of this kind of stuff.....though it did have something for everyone in that up/down move.....
    #22     Nov 6, 2002
  3. Bet we close on highs.

    (note I thought we had chance of 2-3 hundred point up day if they cut .50) :mad:
    #23     Nov 6, 2002
  4. ddefina


    Yes, I did. I was going to stay away, but wanted to make a quick 10 points today on a pop. I should've went to the Casino and played Craps for 5 hours, it would've been cheaper and more fun. No more news trading for me. I believe I lost around $2,300 in 10 seconds.

    This is one example of the need to use discretion to override a system.
    #24     Nov 6, 2002
  5. Wow...I cant believe the 160+ swing is due to Winona Ryder being found guilty!!!!

    I cant wait till they go after Martha Stewart!!! Volatility City!!!
    #25     Nov 6, 2002
  6. rs7


    I don't remember the last time that the initial move wasn't reversed and then confirmed like today.

    I have seen this so many times, I am embarassed that I can't seem to pull the trigger and assume it will happen again. As it has virtually every time for the past 5 or 6 years.

    #26     Nov 6, 2002
  7. I win. 1 of the 4
    #27     Nov 6, 2002
  8. are the time frames over which the swings happen also relatively similar?
    #28     Nov 6, 2002
  9. Intraday charts looks like an damn EKG pattern.
    #29     Nov 6, 2002
  10. you're not the only one, who was afraid of being faked out, yet again, however, this is where the hotkey buy/sell/short/cover comes into play.

    pulling the trigger without emotional doubts, and dealing with whatever profit you can cap out of a scalping move, is what this trading environment is about, lately
    #30     Nov 6, 2002