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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (42453)12/19/2000 11:37:39 AM
From: Stoctrash  Read Replies (1) | Respond to of 44573
 
Chip..I had the same feeling then this AM I realised/wondered:

"if no rate cut today then we can be 95% certain we'll get one at the next meeting, so either way we are gettting a cut soon"

I'm wondering if a sell on the "NO CUT" would be a sharp dip to buy on?

Most of my PStop stuff on the hourly indexes just got long...so I'm biased a bit too.



To: Chip McVickar who wrote (42453)12/19/2000 12:05:17 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I'm out of that trade now.

Maybe I'll re-enter, not likely though. I think no matter what the Fed does there will be trouble. Sure, if they cut it may go to 1400ish right away. but downstream it may not be great.

Just a spectator at the moment.



To: Chip McVickar who wrote (42453)12/19/2000 12:12:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 44573
 
There is a True Gap from Friday that closes at 1356.00


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