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Post# of 364754
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PennyPincher12

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PennyPincher12

Re: jimmybob post# 110300

Wednesday, 06/20/2012 1:28:09 AM

Wednesday, June 20, 2012 1:28:09 AM

Post# of 364754
I view the FOMC event as short-term bearish, but I am medium/long-term bullish on the idea that the Fed will eventually appease the markets with Twist/QE3. I think the rally we've seen over the past few days has priced in the QE3 move. I'm looking for a short-term pop ONLY.

BTW - thanks for the NFLX play today! Made a bit of profit on the call. I hate going against your wisdom because of your stellar track record but I am expecting a fade this afternoon on lackluster news from the Fed.
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