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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: blitzfund who wrote (75047)3/25/2007 7:20:26 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Yeah, the last paragraph is the telling one:

"Nothing was really resolved in either direction by the Fed's statement, so volatility will likely continue. That is especially so if short-term traders decide at some point that the Fed's statement isn't going to create a sustained rally after all, and move back to the sell side to put their short-sale positions on again."

decisionpoint.com