Comments on: FOMC December 11, 2007 Meeting

By: Jorge

Jorge — Wed, 12 Dec 2007 10:59:47 +0000

Normally I’d agree, but I took a shot before the announcement and bought a couple of SPY puts. It could have gone 50/50 either way to be honest but the FOMC’s been so conservative since the initial 50 bp cut. I’d agree though. 1460’s the next stop before we continue downward. It wouldn’t surprise me to see that later this week if not today. The markets did not like the announcement at all.

By: Jorge

Jorge — Wed, 12 Dec 2007 10:58:04 +0000

Hey there. How’s the adventure going? Shoot me an email off my About Us page

By: vivek Tomer

vivek Tomer — Wed, 12 Dec 2007 05:32:48 +0000

Hey,

Watch for the 1464 support. No point buying puts before than. If break I think I am going to exit longs and short.

Anyhow food for thought?

later

By: Ryan the Samoan

Ryan the Samoan — Tue, 11 Dec 2007 23:37:54 +0000

So I finally got onto an internet that can read your website – the widgets and stuff makes it very hard sometimes, same reason I haven’t updated my blog. Hope all is going well for you.