Fed will bring red

Quote from abducens:

Silly to think a Fed day would close down:p
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Call me crazy but I like what I see when we failed to break out above 1517 on ES in a convincing fashion and I'm short swinging pretty heavily here, with a mid 1490s target, though should we break above 1517.50 tomorrow morning I'll start hedging it with YM and won't start unwinding it for another go until maybe 13450 area. :)
 
? It did bring red that day. If I recall it went -40 right away, then +40, then back and forth one more time. I didn't say it would close red.:p ...I mean how often lately does that happen...


Friday should be a nice volatile day with option expiration which is always exciting.
 
So Thursday(5-28), what's the prediction?

2:15pm USD Interest Rate Statement High Impact Expected
5.25%
5.25%


How about they catch everybody off guard and bump it up at least a .25 point or at least hint towards one down the road?

Prop bets:

unchanged: 1/100

rate cut: 100-1

rate hike: 6-1

:p
 
1) it shoots up and doesn't look back.

2) it tests the MA, or 1500, and proceeds to climb the negative point being seen the rest of the day.

3) it shoots down and breaks through MA/1500 and makes new lows.


vote is for number 2.
 
Quote from Spectre2007:


2) it tests the MA, or 1500, and proceeds to climb the negative point being seen the rest of the day.

vote is for number 2.
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Hey Spectre, what do you mean by climb the negative point?
 
Time to get crazy in an hour.

Short anything you can right into the meeting...lol


Can you say "elevated" again Bernanke or is everything honk dory?
 
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