8:45 AM
MA just announced a good earning, the stock in pre-market is up big, 7.8%. Prepare for unloading the call at the open. Fed decision annoucement around 2:10 pm, I expect it will be a .25 cut, but I hope the cut is .5. IMO, the deficit is so huge with the foreign governments holding the bag, why no just make a deep cut, which benefits a. unload the burdons to them; b. save the credit cruch. Let's see.
There was an earth quack in SF last night.
10:30 AM
The market opened higher, and stayed high. I believe the .25 cut news will cause the market to drop a little bit, then rally back to upside. So I will not sell here since the momentum is strong. Buy in the dip. Load up calls on techs.
5:30 AM
The fed cut rate by .25. The market went down briefly and went up around 1%. From here, I believe the market will go higher.
Current main player will be still Chinese stocks and commodities related and high tech.
1. Add RIMM calls
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