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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (48997)	5/3/2004 5:43:42 PM
From: Michael Watkins	Respond to of 52237

Are you kidding? All morning long I'll be warning futures folks about getting caught in the death spike(s)! LOL trading just before FOMC - talk about an easy way to cut an account in half! What I can't believe is that people continue to try to game the FOMC. particularly using very high leverage instruments like futures. This FOMC release ought to stimulate especially frenetic trading... I don't trade anything but the first 90 minutes of an FOMC day and after the death spikes, usually in both directions, have played out between 2:05 - 2:25 (usually) sometimes I'll put on a trade if price is stll moving quickly then. By that time usually some sense of trend has emerged from the froth. Can hardly wait....