InvestorsHub Logo
Followers 17
Posts 965
Boards Moderated 2
Alias Born 07/08/2002

Re: None

Wednesday, 06/28/2006 11:50:32 AM

Wednesday, June 28, 2006 11:50:32 AM

Post# of 19037
HUI 60 min has fallen out of it's channel. Right now I still expect another 25 basis pt hike and little change if/any in the language. As such we'll probably get more buying ops post Fed. Market has sold off prior to Fed so a bounce is certainly possible, but risky environment here still. Sold 1/2 my SMH trade when it broke 32 today. Still looks like it could move higher IT, but cutting my losses in case I'm wrong.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.