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S&P 500
7,108.40
(
0.00%
)
US TECH 100
26,424.00
(
1.41%
)
Dow Jones
49,310.32
(
0.00%
)
Brent Oil
100.00
(
-1.19%
)
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(
-0.08%
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Post# of 79026
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Karl50

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Karl50

Re: Walkingshadow post# 29989

Tuesday, 05/02/2006 7:23:38 AM

Tuesday, May 02, 2006 7:23:38 AM

Post# of 79026
How can you say the market never reacts to the Fed? Last week we had a monster rally because of the Fed's "statements". That's why we went down yesterday afternoon because CNBC told everyone they "got it wrong" with the Fed's statements and interest rates will keep going higher. This entire market right now is Fed dependant and Oil sensative at this point.
My opinion. Karl
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