SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : LastShadow's Position Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LastShadow who wrote (20433)8/23/1999 8:36:00 AM
From: Jeff Jordan  Read Replies (2) of 43080
 
Fed hike and previous prediction of market reaction...

I guess I changed my views last week. I still believe we see a 25pt hike....my strategy on how to play it went out the window with the run-up that began last week and some internets the week before.

I am now in a cautious mode and will not take anything home. I will be watching the bond market very close to see how it reacts. Any bullish swings I will probably sell into and look to short.

I see many very bullish stocks here short term and will play them. I'm thinking the run-up prior to this FED meeting is setting us up for the opposite reaction of the previous meeting...maybe we get a small relief rally but I won't consider riding it long since September is historically a very bad month for stocks.

Right now it looks like we are moving up on Fridays momentum...I will watch SPX today to see if we can break above 1349

US99U is moving up 115 '06
TYX 59.81
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext