Poll: The Fed: A Bounce or CRASH!

This Is How I Expect SPX To React

  • A Strong Rally That Sparks New Highs By EOY

    Votes: 5 17.9%

  • A Strong Rally (70pts) That Is A Great Short Opp

    Votes: 6 21.4%

  • A Modest Bounce And Then Chop

    Votes: 12 42.9%

  • A Horrific 6% Down Day

    Votes: 3 10.7%

  • A Hard Break Turning Into a Big Rally

    Votes: 2 7.1%
  • Total voters
    28
  • Poll closed .
P

Pa(b)st Prime

Let's assume the Fed keeps the overnight lending rate unchanged but issues a slightly more dovish policy statement or at least words acknowledging the lending crisis.

I think 90% would agree that will be the scenario.

Then what?
 
Continue with the short term trend...it may turn into a long one..

Oldest trick in the book: sell high, buy low..

hehe...

Cheers.
 
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