Call -- or Raise?
While we await the 2:00pm FOMC minutes . . .
Clay Bennett via Slate
Wednesday, May 21, 2008 | 01:30 PM | Permalink
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Comments
Love how the "stimulus package" will solve all of us according to the minutes........
None of that 'release' should be a surprise to anyone.
Ciao
MS
Posted by: michael schumacher | May 21, 2008 2:03:07 PM
getting fugly volume wise...
Steve Barry-
Bet volumes finally eclipse the 100MA today. Every time volume picks up we get this.
Ciao
MS
Posted by: michael schumacher | May 21, 2008 2:21:23 PM
That was a pretty ugly release. And to think that the Fed's miserable outlook is premised on their opinion that commodities are going to level out....LOL...what's plan B?
Posted by: Mr. Obvious | May 21, 2008 2:29:40 PM
At least they acknowledged that maybe, just maybe, we juiced things a little too much, and it's time for a pause.
Perplexing the stock market, though, as always. I'd think it would cheer hearing that Uncle Ben might be cutting back on the smack. I suppose they all just want a quick fix, too.
Posted by: DonKei | May 21, 2008 3:12:29 PM
Nothing like a friendly game of Liar'$ Poker.
Posted by: BG | May 21, 2008 3:15:09 PM
Nothing like a friendly game of L#ar'$ Pok'r.
Posted by: BG | May 21, 2008 3:16:27 PM
Reminds me of a great poker saying that the "trend followers" should think about today...
Look around the room, If you can't figure out who the chump is than its you.
Posted by: Vermont Trader | May 21, 2008 3:32:49 PM
Reminds me of a great poker saying that the "trend followers" should think about today...
Look around the room, If you can't figure out who the chump is than its you.
Posted by: Vermont Trader | May 21, 2008 3:33:07 PM





























