Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject	11/5/2001 6:43:05 PM
From: ajtj99	Read Replies (1) of 99280

CSCO's A/H run should be tempered a bit as we get closer to 7:00 EST if previous patterns hold. By previous patterns, I'm referring to CSCO and MSFT earnings reports released after a market close. The futures have tended to spike in A/H, with a more muted opening or smaller gap up the following day. Normally we have very low volume the morning of the Fed meeting, and the last time we had a very narrow trading range that finally broke after the announcement. We could get a repeat this time after the initial opening. I do believe the Fed announcement will be sold aggressively at least initially.

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