Ask DrBob Message Board - Msg: 17432515

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	5/7/2002 1:51:15 AM
From: indexit	of 100058

charts/trading. I think we get a small rally into the FOMC unless there some sort of bad news in the am. Many problems trying to time getting long. Could be some follow through on the afternooon sell off even if we open up a bit, so market could bottom around 9:45-50, or if it does head down a bit, just keep on going. So that's a problem. I would guess by 10:30 we would be well above the open. From there garbage trading till the announcement, and probably at a few points goes a bit higher than 10:30 high. The other big problem is the Mccllean Oscilator Index is just sort of hanging no where, with no support. Was heading up a we bit, but after today down. Other big problem, we just do not bounce. 99% sure I go into the meeting flat. I do not have a clue what happens after.

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