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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (44585)	11/16/1999 8:41:00 AM
From: wanmore	Read Replies (2) \| Respond to of 94695

NASDAQ up 10 on globex now. This might be a final blow off, but it actually seems to me that the Fed decision will make little if any difference today. It seems to me that no matter what they do, this market wants to go UPPPPPPPP. No rate hike = Fed says everything is fine, BUY!!!! 25 bp hike = Fed wont raise again this year...probably not until March, BUY!!!! 50 bp hike = Alan Greenspan is an idiot and will have to take this one back...plus some within the next 3 months, BUY!!!! Whatever the bias is doesn't matter either because no one believes the bias anyhow. I would say you should be careful where you put your stops today though. It could be a volatile day