Friday, September 24, 2010

Declines On & After Fed Days

Historically Fed Days have generally had an upside bias. Often when the market closes down on a Fed Day it will bounce soon after. This week we have seen a down Fed Day (Tuesday) followed by 2 more days of selling. I looked at this situation in last night's subscriber letter.

While instances are low, there appears to be a decent upside edge. This is especially true on day 1. I discussed some more details in the letter. Those that wish to take a free trial may do so at any time. Here is a link to the free trial. Those who are already registered but would like to do so again may simply send me an email. As long as it has been 6 months since your last trial, you are all set.

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