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Fed meeting - in or out


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#1 relax

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Posted 08 May 2007 - 09:08 AM

Are you guys keeping your buys until the Fed meeting, going short or just waiting for the reaction off the meeting...

#2 jjc

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Posted 08 May 2007 - 01:33 PM

Are you guys keeping your buys until the Fed meeting, going short or just waiting for the reaction off the meeting...

FWIW:
Long into the meeting; Short the end of day. The position size will depend on patterns default is small.

#3 relax

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Posted 08 May 2007 - 02:36 PM

I'm in europe so need to choose my position before the event and can't really change it

But I like today's test of trendline at 2.550 area for Nas Composite and nice finish today

Fed will once again point at too high inflation

Growth could be a killer, but still like the charts are telling us nothing dramatic on the downside should happen tomorrow




Are you guys keeping your buys until the Fed meeting, going short or just waiting for the reaction off the meeting...

FWIW:
Long into the meeting; Short the end of day. The position size will depend on patterns default is small.



#4 jjc

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Posted 08 May 2007 - 03:24 PM

I'm in europe so need to choose my position before the event and can't really change it

But I like today's test of trendline at 2.550 area for Nas Composite and nice finish today

Fed will once again point at too high inflation

Growth could be a killer, but still like the charts are telling us nothing dramatic on the downside should happen tomorrow




Are you guys keeping your buys until the Fed meeting, going short or just waiting for the reaction off the meeting...

FWIW:
Long into the meeting; Short the end of day. The position size will depend on patterns default is small.


FWIW: I don't care what they say.