Awaiting The FED Meet (for 9/20/2006)
I am not buying any stocks for tomorrow. I am awaiting the FED meeting, where they will announce how they feel about the market and what they are going to do with interest rates. I am uncertain in how they will react towards market data that has been collected since the last meeting.
Earlier today, I sold CTX at a loss of 1.8% and CTXS at a loss of 2.6%. I did this because the stocks were too volitile and I am not sure which way they are going to be moving from here. I also wanted to free up some money so that if the FED pleases the markets, I will have money to purchase other stocks that will be on the rise. By doing this, I am also minimizing my risk towards upsetting news from the FED.
Earlier today, I sold CTX at a loss of 1.8% and CTXS at a loss of 2.6%. I did this because the stocks were too volitile and I am not sure which way they are going to be moving from here. I also wanted to free up some money so that if the FED pleases the markets, I will have money to purchase other stocks that will be on the rise. By doing this, I am also minimizing my risk towards upsetting news from the FED.

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