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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (7729)4/13/2005 8:49:29 AM
From: Walkingshadow   of 8752
 
One last thing about the "sigh of relief":

If the market was indeed concerned, one would expect that QQQQ would have traded down between the FOMC meeting and yesterday's release of the minutes from that meeting.

That did not happen.

On March 21, the day before the FOMC meeting, QQQQ closed at $36.58. On Monday, the day before the release of the FOMC minutes from that March meeting, QQQQ closed at $36.66. That represents a slight increase of 0.2%.

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