Edited by relax, 30 October 2007 - 08:51 AM.
How will the market react to Fed?
Started by
relax
, Oct 30 2007 08:49 AM
16 replies to this topic
#1
Posted 30 October 2007 - 08:49 AM
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!
#2
Posted 30 October 2007 - 09:02 AM
sell off 1.5% even before the fed...at least....
#3
Posted 30 October 2007 - 09:04 AM
in a word "negative"
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#5
Posted 30 October 2007 - 09:24 AM
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.
#6
Posted 30 October 2007 - 09:55 AM
#7
Posted 30 October 2007 - 10:07 AM
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
#8
Posted 30 October 2007 - 10:30 AM
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!!!
#9
Posted 30 October 2007 - 10:38 AM
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
#10
Posted 30 October 2007 - 10:51 AM
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.