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Wednesday, October 25, 2006

Busy Fed Day

It was a busy day. And, I'm not talking about the Fed.

file end_of_day_chart.gif

The typical plan is to fade (i.e. sell into) positive reactions to the Fed, but we're surely not in a typical market. While higher oil prices certainly present a challenge to the goldilocks fans, the bulls still haven't shown many signs of wanting to back down. The full court press is on.

Given my current work backlog, I'm going to take a couple days away from trading and the blog to get some other projects done so I can return to trading full-time. In the meantime, please enjoy a brand new feature here at website: the blogs I read. Many more of my hand-picked personal favorites will be added to this page in the weeks ahead. :)

Have a good few days and I'll see you on Monday.

Posted by Kirk at 7:48 PM in Review | Bookmark | Feeds | Link |


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