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Re: FOMC meeting?



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Hi Gary,

Actually, to get a jump on the Fed. meeting tune into CNBC at about 8:00 AM
EST for Mr. Greenspan's briefcase indicator.  It has been correct something
like 18 out of the last 19 times.  {;-)

                                            Good luck and good trading,

                                                        Ray Raffurty


----- 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
>
>
>