What will the FED say?

Again we play “Waiting on the FED” … but something is different …

This time markets only stop to fall … they don’t rise …

The FED’s decision is said to be “UNCHANGED”.

Bad enough …

Inflation is accelerating and the FED is weaponless as the economy weakens further and the banks and financials are still in intensive care.

Usually I would be REALLY interested in what they say … BUT

This time I don’t care … WHY?

- The situation is clear, so only question is … will they admit it?

- They lie anyway … sometimes change their mind in 24 hours

- If I trusted them and relied on their statements, I would be committing financial suicide

So … I just try not to get caught wrong footed … and keep selling ANY BOUNCE …

Take care!!!

Tags: FED

This entry was posted on Dienstag, Juni 24th, 2008 at 23:44 and is filed under FDAX. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.