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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 (73396)6/28/2006 10:52:19 AM
From: Real Man  Read Replies (2) | Respond to of 94695
 
Tomorrow is the Fed meeting decision.
I expect the Fed to throw a "bone" to the stock market. The
Bernanke Fed has been even easier than the Greenspan Fed -
notice that M3 was discontinued, all past data removed,
not to mention a huge surge in coupon passes.
The market seems to believe in "tough Fed" now. Well, that's
a myth, as market participants will find out tomorrow.
What happens next? I think a dollar tank, and gold surge,
and maybe a currency crisis, cause this Fed will lose
credibility, since they did not follow up on their "toughness".

P.S. I modified that post - we can only get a buy for tomorrow
or Friday.