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Re: FOMC meeting?



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Gary:

Just verifying that the results will be announced at 2:00 EST right?
Of course I haven't a clue.  Seems like every single time I FEEL
or THINK or BELIEVE that I have a good handle on what the
market is going to do the next day I AM ALWAYS WRONG.  Guess there's a
lesson in that experience.....

Chas
-----Original Message-----
From: Gary Fritz <fritz@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxx>
Date: Monday, October 04, 1999 3:50 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