kennynah wrote:so....jim....what's your trade tonight ?
next week fomc, generally it is still weak, but pre-fomc may can go long but i think good for a day only as thursday durable goods, friday gdp, so imo long on rumors short on news
noting that the 825bn details and approval is in Feb and this mortgage reform http://www.reuters.com/article/businessNews/idUSTRE50M6WM20090123?virtualBrandChannel=10112
my view on obama current action mean that market is "free", "do what u want fat cat"
currently, me no trade....wait and watch only