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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: robert b furman who wrote (4518)	12/14/2004 10:20:12 AM
From: Alski	Read Replies (2) of 12410

Well, I think if the Fed does what's expected that would allow the market to rally. Either more or less than .25% would probably spook The Street. Either way, I've noticed there is often a knee jerk move after the announcement, then the market comes right back where it was before the announcement. That knee jerk, however, often presages what is to come the rest of the afternoon and the following days. Not always, but often. That used to be a playable scenario but I guess enough traders noticed it that it's not as reliable any more. Anyway, soon we shall see. FWIW...Alski

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