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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (4518)12/13/2004 10:29:53 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12410
 
I don't know, I don't think it matters or makes any real difference...IMHO

GZ



To: robert b furman who wrote (4518)12/13/2004 10:39:09 PM
From: Gersh Avery  Read Replies (1) | Respond to of 12410
 
I've seen it run both ways before.

It has seemed to me, that the days following the fed more often reverse the last several days before.

At some point the fed will have bumped up rates enough that things will slow down. The fed decided to slow the markets down after Y2K. They did it ..



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