Will the Fed pause on Tuesday?

[hans37]

pause,......blink,....raise 1/4point

run swiftly in corner to hide

 

[ralph00]

Long 2 years = long 2 year notes (or 07/08 eurodollars)

 

[BrandNewTrader]

Quote from ralph00:

You want to be long 2 years.

you mean you want to be long s&p PUTS! =)

 

[hans37]

Quote from BrandNewTrader:

you mean you want to be long s&p PUTS! =)

How's it working so far?

 

[xtrhvydty]

I bought a buncha cheap long VIX Nov calls - will make a straight play or hedge either way - watch the financials RKH, XLF as well for reaction

 

[99atlantic]

increase.....do some double speak....increase again....more double speaking, etc.....

 

[BrandNewTrader]

Quote from hans37:

How's it working so far?

So far so good. I've made my first entry, plan on adding twice more. Once right before the Fed decision, hopefully they pause, the market ralies and I can make my final and largest entry when all of the puts are cheapest.

At that point it will be a waiting game. I'm long SPY puts expiring in 12/06, 03/07, 06/07, and 12/07. Strikes range from 105 down to 85...

Not interested in put spreads since I think SPY may fall as low as 65. Nothing to do after this but sit back and wait...

 

[Joab]

This is a simple one.

Raise 1/4 and "some" dovish talk (based upon the numbers) with a bias towards pause.

 

[sobemark]

fight inflation #1 priority

maintain strong dollar policy (crushed yesterday)

fed goes another .25bps

 

[BrandNewTrader]

Quote from sobemark:

fight inflation #1 priority

maintain strong dollar policy (crushed yesterday)

fed goes another .25bps

market tanks... either ties to maintain composure over next few weeks, or begins the slide right away...