Wednesday, October 25, 2006

everything on the fed

if the fed has neutral of good things to say today then the market is going to continue ripping. i dont think there is any way rates are moved.on the other side i think if its bad the market is really goingto take a beating. certainly the one thing that favors a good stance is the election upcoming he isnt going to want to rock the boat. One side or the other has to submit (bear/bull). I might buy some cheap upside calls today to protect myself a bit and probably sell my downside puts, continuing to hold my SDS (inverse of SP etf).

good luck to us


Post a Comment

<< Home