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PennyPincher12

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PennyPincher12

Re: None

Wednesday, 06/20/2012 1:14:52 AM

Wednesday, June 20, 2012 1:14:52 AM

Post# of 366461
This is what I'm expecting from Fed Announcement tomorrow:

No action = dollar rises
Twist = dollar slightly rises
QE3 = dollar falls
Other = dollar probably falls.


Based on this, VXX calls will be my play for today. It's unlikely that the Fed uses QE3. They will save that in case Europe goes crazy and countries begin defaulting/leaving the EU. JMO
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