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

To: c_hl who wrote (8248)10/26/2005 3:44:34 PM
From: sandeep  Read Replies (1) | Respond to of 12411
 
This is a crappy market. Nothing positive is coming on the horizon from fundamental perspective. Technical picture is iffy. So, the resolution is clear. Unless some surprise is delivered soon, I can't imagine us holding this stuff...



To: c_hl who wrote (8248)10/26/2005 4:27:03 PM
From: wmwmw  Read Replies (2) | Respond to of 12411
 
If Fed meeting is the reason that market is selling into, the low would be 3 days(see 4/29, 6/27) prior to meeting, so tomorrow is the last day for this selling.
This time selling has not be as heavy as before and in my sense market looks stronger than each prior Fed meeting selling for this year.


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