Discussion in 'Trading' started by William Rennick, May 10, 2006.
How do you experts think the Market will react to the FOMC Policy statement.
In like a lamb and out like a lion.....
theres a good chance we gonna rally imo, if fed says another rate increase'n'we done...then further rates dependent upon data.
I think we will sell off
May the rally we have ben having is already anticipated in it
Could be possible
contrarian ET play locked in $$$$
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...
Does any one go
1 ES long and Ym shot and see what happens and act,s according to the situation
probably the opposite to what the majority anticipate
I think 1 YM long and 1 ES short would be better as YM has been out-performing ES.
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