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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (17938)	3/16/2016 1:03:32 PM
From: robert b furman	1 Recommendation Recommended By John Pitera Read Replies (3) \| Respond to of 33421

Well if there is a brexit then the fed bumping a quarter point would have to be done ASAP - so it is possible. I think the fed would not want to beat up on the declining pound with a rate rise now or into June for that matter. That may be time for a quick boost before it would look too obvious. I think it is a lot of gumming. The industrial cycle has been down for 4 months - bad time to boost rates. Bob

To: Chip McVickar who wrote (17938)	3/16/2016 1:38:39 PM
From: John Pitera	Read Replies (3) \| Respond to of 33421

We do agree... I normally do not like to go into announcements like this with shorter term trading positions... but I and my cohorts have scouring around and accumulating some bearish / short strategy exposure to the US Equity market. in advance of this 2:15 PM announcement. I think the market is trading poorly.... but we want some short term bear exposure as I believe we may get a nice little sell off on this FED announcement.... This is short term and speculative in nature. I don't like technical action in SPX. The IBB index has really underperformed on the rally off of Feb Lows... so the BIS is an ETF to be ganging up on. John