WARNING for anyone thinking of trading Tues.March 18th WARNING

Discussion in 'Trading' started by increasenow, Mar 17, 2008.

  1. I see this was a beneficial post...that DOW 500-600 high/low range is in site...WATCH WITH CAUTION at 2:15PM EST...watch...could be MASSIVE sell-off!!
     
    #41     Mar 18, 2008
  2. empee

    empee

    im thinking today is a huge up day with whatever the FED does as a catalyst.
     
    #42     Mar 18, 2008
  3. GTS

    GTS

    You may want to take a look at this:

     
    #43     Mar 18, 2008
  4. again, be aware if FED does not do what market expects...be WARNED!
     
    #44     Mar 18, 2008
  5. S2007S

    S2007S


    it seems they have for the last 6 or 7 rate cuts and the market is crying for a 1% cut...
     
    #45     Mar 18, 2008
  6. lindq

    lindq

    I've made it a point for years - to my benefit - not to trade anything on Fed days. The market is under unusual influences, and generally trades in a very small range until the announcement.

    Not worth the time or effort.
     
    #46     Mar 18, 2008
  7. Remember that when trading, you are in a battefield--they will do EVERYTHING to bluff you. The only time the market will quite reliably go according to expectations, is if meeting the expectations is to the detriment of the retail trader.
     
    #47     Mar 18, 2008
  8. do you really see more upside for the DOW today?...it is 11:57AM EST and DOW up almost 270...is there any upside left at 2:16PM EST today....think about it...if there is...could be massive sell off after that...
     
    #48     Mar 18, 2008
  9. When you think something cannot go higher it WILL GO HIGHER. NEVER MAKE TRADING DECISIONS BASED ON WHERE YOU THINK THE MARKET WILL GO!! LET THE MARKET SHOW YOU WHERE IT IS GOING.
     
    #49     Mar 18, 2008
  10. Haha. My sentiments exactly. The rest of this post is worthless
     
    #50     Mar 18, 2008