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Re: FOMC meeting?



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The FOMC is just a one day affair. Announcement is tomorrow around
2:15PM NY time. Steve Poser

---
Steven W. Poser, President
Poser Global Market Strategies Inc.

url: http://www.poserglobal.com
email: swp@xxxxxxxxxxxxxxx

Tel: 201-995-0845
Fax: 201-995-0846
----- Original Message -----
From: Gary Fritz <fritz@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxx>
Sent: Monday, October 04, 1999 4:34 PM
Subject: FOMC meeting?


> I'm holding a long position into tomorrow and I figured I'd check...
>
> The FOMC meeting starts tommorrow morning at 0900 ET.  But there is
> usually not any impact from the *start* of the meeting, right?  Any
> fireworks, if any are to happen, shouldn't launch until they announce
> on Thursday at 1400 ET?
>
> The market doesn't seem to think Mr. G. will drop any bombs on
> Thursday, given the run-up since Friday afternoon.  Anybody want to
> hazard any predictions?
>
> Thanks,
> Gary
>
>