SERIOUS-Market to "tank" or "soar" tomorrow (FOMC) Decision

Discussion in 'Trading' started by increasenow, Oct 30, 2007.

  1. Full and over constipated merhcants.
     
    #21     Oct 30, 2007
  2. Very subdued today. Market's holding its breath. I think the Fed will move in a very gingerly fashion. Move will be conservatively supportive. .25 cut, no tough statements.
    Could be quiet for a while.

    We don't really know Bernanke yet though. He may shock us.
     
    #22     Oct 30, 2007
  3. tr51

    tr51

    I don't care up or down, just give me an entry signal/opportunity
     
    #23     Oct 30, 2007
  4. I am betting on a collapse. Just long vix calls right now and short puts on stv (puts will get closed in the am). I would like a sharp correction in world indices in order to snatch up some bargains. This market has peaked and is very unhealthy. I do believe the only thing holding us up right now is china, india and brazil. I think we shall lead this collapse. With a cut of 25 basis the markets should sell. 50, they will unfortunatley move higher. We shall see what happens tommorrow. p
     
    #24     Oct 30, 2007
  5. Interesting. Under normal circumstances I would expect a complete inflate of the VIX after the numbers, but you could be right; VIX is still reasonably low and it seems there are a lot of ppl expecting the expected (no typo). Good luck.
     
    #25     Oct 30, 2007