Why Fed Will Pull The Rug Today

[shortie]

Quote from marketsurfer:

fed just accused of fraud...reputable source....

They are pulling the rug from under FED !!! :eek:

 

[marketsurfer]

Quote from shortie:

They are pulling the rug from under FED !!! :eek:

 

[riskfreetrading]

Quote from marketsurfer:

fed just accused of fraud...reputable source....

The only reputable source in this case should be the USG. Otherwise, it does not matter.

I doubt it though. Main USG appointments seem to be supported by same forces that appoint Fed governers.

 

[drsteph]

Quote from marketsurfer:

fed just accused of fraud...reputable source....

Surf, now no talking your book since you're short.

And besides, the goldbugs have been doing that since before we were born.


Much love. I'm flat spec positions except long some Eurodollar puts.

 

[Daal]

OP, forget it, Bill Poole just said there is no reason to signal any type of hike anytime soon. And he is as hawkish as it gets

 

[Landis82]

Quote from Daal:

OP, forget it, Bill Poole just said there is no reason to signal any type of hike anytime soon. And he is as hawkish as it gets

Yep, and given the amount of "taxation" coming down from the Beltway I'm sure that the FED won't be pulling the punch bowl anytime soon from the economy and the consumer.

 

[Thunderdog]

Quote from Landis82:

Yep, and given the amount of "taxation" coming down from the Beltway I'm sure that the FED won't be pulling the punch bowl anytime soon from the economy and the consumer.

So it seems. And I used to think that the term "punch drunk" originated in the ring.

 

[Daal]

Quote from Landis82:

I'm sure that the FED won't be pulling the punch bowl anytime soon

If anything Bernanke will ask his wife to take a sip

 

[riskfreetrading]

Quote from riskfreetrading:

hey shortie,

If i were you, I would cover before the fed, and then re-establish with main gain made as follows: I would sell calls on jump up, and sell puts on a selloff after fed annoucement. Therefore you would gain in possible volty spike, but also and most imporantly on the effects of delta on legs.

Would the above have worked better than holding through fed?

In case of Qs it would have done well. I did not follow the SPY.

 

[shortie]

Quote from riskfreetrading:

Quote from riskfreetrading:

hey shortie,

If i were you, I would cover before the fed, and then re-establish with main gain made as follows: I would sell calls on jump up, and sell puts on a selloff after fed annoucement. Therefore you would gain in possible volty spike, but also and most imporantly on the effects of delta on legs.



Would the above have worked better than holding through fed?

In case of Qs it would have done well. I did not follow the SPY.

it would probably have worked better if one could catch the turning points but it is hard to do.

i did sell 2 puts close to the turning point today, but i consider it luck.