Fed meeting - in or out
#1
Posted 08 May 2007 - 09:08 AM
#2
Posted 08 May 2007 - 01:33 PM
FWIW:Are you guys keeping your buys until the Fed meeting, going short or just waiting for the reaction off the meeting...
Long into the meeting; Short the end of day. The position size will depend on patterns default is small.
#3
Posted 08 May 2007 - 02:36 PM
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
FWIW:Are you guys keeping your buys until the Fed meeting, going short or just waiting for the reaction off the meeting...
Long into the meeting; Short the end of day. The position size will depend on patterns default is small.
#4
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
FWIW:Are you guys keeping your buys until the Fed meeting, going short or just waiting for the reaction off the meeting...
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.