Well... it was good while it lasted.
I am bullish till 2:15 PM.
not much movement until AAPL's new tablet and the FOMC....any thoughts OWl
What do you think of the potential for a rally into the close if the initial reaction to the FOMC is lower?
I view an initial selloff followed by a rally as the most likely scenario. But there is a very small chance that this market is really weak and we selloff the rest of the day and finish near the lows. Those are 2 scenarios I see as most likely.
Well... it was good while it lasted.
ReplyDeleteI am bullish till 2:15 PM.
ReplyDeletenot much movement until AAPL's new tablet and the FOMC....
ReplyDeleteany thoughts OWl
What do you think of the potential for a rally into the close if the initial reaction to the FOMC is lower?
ReplyDeleteI view an initial selloff followed by a rally as the most likely scenario. But there is a very small chance that this market is really weak and we selloff the rest of the day and finish near the lows.
ReplyDeleteThose are 2 scenarios I see as most likely.