What if Fed statement is unchanged today?

Discussion in 'Wall St. News' started by Jaxon, May 9, 2007.

  1. Don't count on it this time.

    Bernanke is not going to goose the markets here.

    He wants reality to settle in, reality being the U.S. still needs to attract buyers of its debt, and only by keeping a tightening bias can that be possible.

    Watch for a wild afternoon.

    If sellers ever needed an excuse to sell, and book profits, it will be today and the rest of this week and month.

    They won't say the economy is bad. They'll say growth is moderate. Everyone knows that growth is really sliding here. But it doesn't matter.
     
    #11     May 9, 2007
  2. watch for a huge dow move...up or down 200...seriously and not joking...
     
    #12     May 9, 2007
  3. S2007S

    S2007S


    im going with a 200-300 point move!!!!!
     
    #13     May 9, 2007
  4. Let them sell, would just be another dip :D
     
    #14     May 9, 2007
  5. Would you take the other side of that trade today?


    I'm serious.
     
    #15     May 9, 2007
  6. Of course. I got boatloads of GTC buy orders in the market just waiting to be filled. Any dip would do the trick.
     
    #16     May 9, 2007
  7. S2007S

    S2007S

    dow at intrady highs, a close here means another record high...
     
    #17     May 9, 2007
  8. I am guessing its blows lower then reverses up bigtime.
     
    #18     May 9, 2007
  9. There you go.

    Start filling.
     
    #19     May 9, 2007
  10. Oh! Red and Green and Red!


    Make up your mind!!!
     
    #20     May 9, 2007