Post FOMC Market Action

Discussion in 'Trading' started by William Rennick, May 10, 2006.

What will be the reaction to the FOMC Policy statement

  1. Market will rally

    13 vote(s)
    27.7%
  2. Market will selloff

    25 vote(s)
    53.2%
  3. Market will be flat

    9 vote(s)
    19.1%
  1. How do you experts think the Market will react to the FOMC Policy statement.
     
  2. Pabst

    Pabst

    In like a lamb and out like a lion.....
     
  3. theres a good chance we gonna rally imo, if fed says another rate increase'n'we done...then further rates dependent upon data.
     
  4. I think we will sell off
    May the rally we have ben having is already anticipated in it
    Could be possible
     
  5. contrarian ET play locked in $$$$
     
  6. Pabst

    Pabst


    SSSSSHHHHH!!!!!!
     
  7. although I hope to be flat by 2:15, I'm thinking, tough talk in addition to the requisite 1/4 point; sell off anyway -- a washout, initiating the 30-50% retracement due for the dollar....

    ...or just a straight-ahead $ rally. washout would be preferred, setting up buying opportunities.

    until I change my mind, that is...
     
  8. Does any one go
    1 ES long and Ym shot and see what happens and act,s according to the situation
     
  9. romik

    romik

    probably the opposite to what the majority anticipate
     
  10. I think 1 YM long and 1 ES short would be better as YM has been out-performing ES.
     
    #10     May 10, 2006