FOMC 21st Sep 2010

[S2007S]

little sell off now comes the huge 1%+ rally!!!!

 

[bond_trad3r]

Most boring market reaction in a very long time. A snooze.

 

[Tsing Tao]

Quote from Tsing Tao:

we'll see the same statement as before, with the addition of more concern about economic data. "extended period" will remain in the language.

there will be no new qe.

pretty much bang on.

however, the market is going the opposite direction i would have expected. of course, it IS the bizarro world of algos and hfts. so i guess i should have expected a giant leap based on disappointment.

 

[Tsing Tao]

Quote from bond_trad3r:

Most boring market reaction in a very long time. A snooze.

not sure what market you're following, but the ones i am watching are behaving like lunatics

 

[shortie]

Quote from Tsing Tao:

pretty much bang on.

however, the market is going the opposite direction i would have expected. of course, it IS the bizarro world of algos and hfts. so i guess i should have expected a giant leap based on disappointment.

by the time you finished reading the report Fed already have bought 20M shares of SPY

 

[Dogfish]

Didn't think the bonds would continue to hold this rally through to today, quite a move

 

[leothesnake]

Yeah. Let's print more money!

 

[Lojanica]

Yesterday was interesting as far as the reaction to the committee. We have a recent situation whereby Treasuries, equities, and commodities were purchased. A disconnect will occur. Which way? Seems like more of the same. Outside forces tampering with the natural order of the markets. Another set-up for a flash crash? Equities or bonds? Both? Commodities to follow as liquidity issues arise?

Interesting times.