markets will follow historical pattern and sell off into
mid-month (based on this 'end of tapering' nonsense), which just
happens to be the FOMC meeting ending on the 18th (2 days before
quad witching) at which time they 'will' reaffirm their
do-nothing-yet stance. this in turns sets up the santa clause
rally. I sure hope my crystal ball is right this time
around..
good trading. (FYI - i'm not
taking my eyes off the charts, just in case)
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people think the fed will
Gold pop
Posted by himsa on 4th of Dec 2013 at 01:44 pm
people think the fed will taper this month.
in a 'perfect world'...
Posted by hazbin1 on 4th of Dec 2013 at 02:19 pm
markets will follow historical pattern and sell off into mid-month (based on this 'end of tapering' nonsense), which just happens to be the FOMC meeting ending on the 18th (2 days before quad witching) at which time they 'will' reaffirm their do-nothing-yet stance. this in turns sets up the santa clause rally. I sure hope my crystal ball is right this time around.. good trading. (FYI - i'm not taking my eyes off the charts, just in case)