Waiting on the Fed

Posted under American Options Trading, Rob Roy - Chief Trader by Rob Roy on Wednesday 27 January 2010 at 10:42 am

After some intial volatility, the market is treading water waiting on the Fed announcement at 2:15pm est.  The expectation would be for a little more volatililty following the announcement as many will be dissecting every word in the statement.  However, it would be difficult to imagine any meaningful move prior to the "State of the Union" address this evening.


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