Going long 100K QQQ's tommorow

Quote from Cutten:

Putting on a short-term trade just before the Fed announces its rate decision is rather unwise IMHO. Why not wait till the close when you know their decision & comments, and how the market has reacted?
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Chances are you didnt follow this and got shaken out....what say you???
 
Quote from iceman1:

Where did you find cramer's comments... I'd like to read them.

Thanks!


I
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Sorry for the late reply. Here's the link, but you have to be a "Real Money" subscriber: http://www.thestreet.com/p/_tscs/rmoney/jamesjcramer/10148766.html.

I don't think I can reprint it, or I could get sued! The gist of the article is that many of the largest stocks, the ones that move the market, are pinned around strike prices and manipulated there by institutions and hedge funds. I'm sure he's right, as options volume increases every year, and options are taking on an ever increasing role in market behavior (just as program trading is). You really can't play a large cap stock during options week without at least being aware of this phenomenon. Cramer gives 20 or so examples.
 
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