Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Wednesday, December 16, 2009

THe Fed Trade

I've been tracking a trade I heard about, which was to Fade the initial direction that the market makes on the FOMC announcment.


Ever since I've tracked it, it tends to work for at least the rest of the day.

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