The last piece of the puzzle in the market now that all of the major earnings are in… is the Fed’s rate decision tomorrow. Join us in chat tomorrow and take advantage of the volatility in the market. Most of the time stocks moves in the opposite direction first. before retracing and breaking to new highs (if its what the market anticipated) BUT not always, so its best to keep the trades quick and profitable, and cut losses if it doesn’t spike in the direction you anticipated.

Yahoo’s Release

Tags: Fed Rate

This entry was posted on Wednesday, April 30th, 2008 at 12:15 am and is filed under NASDAQ. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.