Closing Calls for fed day game!!

scriabinop23 · Oct 31, 2007

Alright post your calls and predictions of movements.

I say fed cut 25bp, initial spike down, close at 2260 NQ, 840 ER2 (this will be the outperformer since everydown is net short), and 1565 ES. same percentage gain on dow.

i'm not feeling quite bearish.

Pekelo · Oct 31, 2007

Big swings up and down for 1 hour and we close pretty much where we were at 2 pm...

kinggyppo · Oct 31, 2007

.25 cut, drop and pop as per the usual, dow up 150+

myminitrading · Oct 31, 2007

Hold rates steady, and comments about inflation heat up. But will stand ready to act if nessary. Hey Goldaman Sachs stock has recovered so they can stop acting like total doves.

MARKET WILL TANK!

polpolik · Oct 31, 2007

Dow down 100
SPX down 5
NDX down 10
RUT down 10

Comanche · Oct 31, 2007

ESZ7=1532.50

trefoil · Oct 31, 2007

Quote from kinggyppo:

.25 cut, drop and pop as per the usual, dow up 150+

What he said.

ron2368 · Oct 31, 2007

if they cut as expected the market will NOT be allowed to drop. I say dow up 180 but by friday its heading lower. this cant go on forever, yes it can.

Pekelo · Oct 31, 2007

Generally, when there is a trend before 2 pm (usually there isn't), the after announcement trend stays the same, even if there is first wild fluctuation.
This morning we have a clear uptrend, so we shall see....

detective · Oct 31, 2007

Dow +300
Nasdaq +100
S&P +40

Bernanke cuts 50 bp and says we have to avoid a depression and is taking preventive measures.