Hi OW, Fed would be holding the int rate with the recent oil price going parabolic. Oil future can be pushed around with only 25 billion which can be one big firm fund.
It is easy to push around the oil price, so the Fed is sitting tight.
The Ramifications for the US dollar after the Fed announcement is generally true.
There are charts showing USD vs the Fed action annotated on the chart somewhere. :)
OW, Bulkowski is using my diamond as his copyright!
I just noticed that Bulkowski written "copyright 2007" on "Diamond" top/bottom formations. He must be kidding because I commented on the "Diamond" formations in "Oct 2005" bottom calls which posted on stockcharts.com public list. I have done quite well ranking high so many people read it. So, he copied my copyright! LOL I should write an email to him.
Do you recall this? btw, during Oct 2005, many traders were calling bottom-fall off, e.g. McHugh crash alert.
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