FED

9/21/2011

0 Comments

 
The initial market reaction is mixed with a sharp drop in stocks.  TYH has been well up all day and just dropped to only a little up.  AGQ seems to have risen more on the news.  I think when the stock market has adjusted to this it will rally sharply.  I tend to be a very short term trader.  If I was a long term trader Ishould load up on Blue Chip stocks because that is what the Chinese may start to buy hand over fist.  They have to have dollars and the Feds move ensures that there is no "interest" income .. so they will look for quality stocks with a dividend.  As a short term trader I will stay with AGQ and TYH for now.



Leave a Reply.