Gotta love ZERO RISK in the SP500 = $$$

[S2007S]

IYT not performing with today's markets....

Hmmmmmmmmmmmmmmm

 

[Rickshaw Man]

Loving this easy money, thanks Federal Reserve, we know who you look after.

 

[hajimow]

Prediction: Tomorrow DOW should be down about 200 points or more so today is a great day to sell and maybe go short. I don't know about Thursday but tomorrow should be a big down day. Now DOW future is up 95 points.

 

[noddyboy]

Prediction: Tomorrow DOW should be down about 200 points or more so today is a great day to sell and maybe go short. I don't know about Thursday but tomorrow should be a big down day. Now DOW future is up 95 points.

I have taken all my IBB profits from Monday AM gap down, but I am not so sure that I would go short before FOMC. Even if you are right, there is a higher chance of being stopped.

 

[Rickshaw Man]

Prediction: Tomorrow DOW should be down about 200 points or more so today is a great day to sell and maybe go short. I don't know about Thursday but tomorrow should be a big down day. Now DOW future is up 95 points.

That is not a good idea, get long and sit tight, we are down at the support levels that has been established over the past 5 months. Odds favor going up from here.

 

[noddyboy]

That is not a good idea, get long and sit tight, we are down at the support levels that has been established over the past 5 months. Odds favor going up from here.

The Fed tells us that it is best to buy before FOMC. Even published a paper on it.

http://www.newyorkfed.org/research/staff_reports/sr512.pdf

 

[Rickshaw Man]

The last 5 point sprint higher in ES has been with no volume, just basically floated up buy lifting the offer. I expect the same thing tonight as everyone knows the fed will publish a dovish statement.

 

[hajimow]

That is not a good idea, get long and sit tight, we are down at the support levels that has been established over the past 5 months. Odds favor going up from here.

That is why I called a "prediction" and I see market fluctuates and is not really going up in recent weeks. Considering economic data, FED, Greece, my prediction is a down day tomorrow (Wednesday). Closing action (last one hour) should tell us more.

 

[hajimow]

The Fed tells us that it is best to buy before FOMC. Even published a paper on it.

http://www.newyorkfed.org/research/staff_reports/sr512.pdf

Thanks for sharing. A good read report.

 

[romik]

That is why I called a "prediction" and I see market fluctuates and is not really going up in recent weeks. Considering economic data, FED, Greece, my prediction is a down day tomorrow (Wednesday). Closing action (last one hour) should tell us more.

Not 300? Predicting is 50% of what's required.