This is going to be a very short post.  Here is a new trading tip.  When trading, don’t ever go to the bathroom, don’t get up for water, don’t look away from your trading screen, and don’t even blink.  Why?

The chart above is an intra day chart of the DJIA.  Each bar is 5 minutes [...]

A huge market move today!  I will get to that gigantic movement in one moment; first let’s see what the CME group is saying about the Fed meeting tomorrow.
Based upon the October 28 market close, the 30-Day Federal Funds futures contract for the November 2008 expiration is currently pricing in a 100 percent probability that [...]

Based upon the October 27 market close, the 30-Day Federal Funds futures contract for the November 2008 expiration is currently pricing in a 100 percent probability that the FOMC will decrease the target rate by at least 50 basis points from 1-1/2 percent to one percent at the FOMC meeting on October 29.
In addition, the [...]

Based upon the October 24 market close, the 30-Day Federal Funds futures contract for the November 2008 expiration is currently pricing in a 100 percent probability that the FOMC will decrease the target rate by at least 50 basis points from 1-1/2 percent to one percent at the FOMC meeting on October 29.
In addition, the [...]

Based upon the October 23 market close, the 30-Day Federal Funds futures contract for the November 2008 expiration is currently pricing in a 100 percent probability that the FOMC will decrease the target rate by at least 25 basis points from 1-1/2 percent to 1-1/4 percent at the FOMC meeting on October 29.
In addition, the [...]