16 replies to this topic

[relax]

Interesting event! Should have been a poll here! sell off by more than 1 per cent? jump by more than 1 per cent? Or no reaction - less than .5 per cent up or down? Or between .5 and 1 per cent up or down? Cheers!

Edited by relax, 30 October 2007 - 08:51 AM.

[eminimee]

sell off 1.5% even before the fed...at least....

[Mr Dev]

in a word "negative"

[eminimee]

not a good sign

http://stockcharts.c...6740&r=1519.png

[ogm]

Yeah, the DOW is running out of leadership stocks. I'm loading shorts and reducing longs into the Fed. There is a slight chance the market rallies on the news, but I'm not going to bet too much on it. I do think that whatever rally emerges on the Fed will be sold fast. A lot of those brutal gap downs like on the PG chart all over the place. I think XOM is next. H&S forming on daily.

Edited by ogm, 30 October 2007 - 09:25 AM.

[linrom1]

I did this last night on the fly to get some kind of idea about effect of GDP numbers.

[relax]

disagree with the table gdp tomorrow will be above 3 per cent, but will really not matter, as market is focusing on gdp for q4 0 bp and i think we get a retest of august lows 25 bp and i think we get a test of 1475-1490 area 50 bp and we go to 1600 before thanksgiving but really have no clue, will have to wait and see today and tomorrow

[atlasshrugged]

ndx is going up! there is as much fear based upon qqv as there was before last meeting and almost as much as aug low!!!

[denleo]

NDX is up with 26 / 74 breadth. I have always wanted to see this index to be up on the day on just 10 stocks. Maybe we will achieve this today or tomorrow after the FED. Denleo

[gti_99]

Well, aapl up 1.7, goog up 15 (fifteen), rimm and amzn both down just 0.6. They should name it Nazdaq 4 instead of Nazdaq 100 index.