Wednesday, April 30, 2008

20080430 1426, After Fed Announcement

DJIA 12,967.91 135.97
NASDAQ 2,438.51 12.41
S&P 500 1,398.24 7.30

Market indices selling down after announcement from Fed. I didn't check the announcement words, I just watched the action and then shorted FEED.

FEED 16.55 -.46. Shorted intraday after Fed announcement. Selling off quickly. Looking to fill gap down to 15.75 quickly. October 11, 2007 high was 16.36.

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