Trade Summary
Short 2 TF 802.1, 802.1, +1.2, +1.2
Short 1 TF 802.7, -0.8
Total TF +1.6
The previous format for FOMC was maximum anticipation and
immediate release, when the rate adjustments were scheduled
for 2:15pm. The 12:30pm release throws a bit of water
on that, as it seems to be more of a non-event now. And it
is further muddied by an endless drone on by Fed Chief Bernanke,
who comes on with a press conference at 2:15pm, where instead
of an immediate burst of energy, prices vacillate to the tune
of his remarks. Take me back to the previous format, please.
