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Strategies & Market Trends : E-Mini Pit
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To: the-phoenix who wrote (5243)8/13/2002 9:46:11 PM
From: KevinThompson  Read Replies (1) of 11288
 
Likewise here.

Problem I had today was not being able to watch it. So rather than take too much risk, I chickened out as well and covered early. Even though, I had very little doubt that a sell off would be in the works.

Interesting how the markets didn't move for quite awhile after the Fed announcement. Almost as if the masses kept waiting for more signals from the Fed. Then when no more signals were coming, no one wanted to be first. "you sell", "no you sell first", and so on. Then when the closing bell was approaching, they all decided to head for the exit at once - Oops, a sell off...
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