Good Morning. There were announcements this morning but they were all low impact. I didn't trade them nor did most of the trading staff. Josh did, however, and he got .25 of a point. So not much movement this morning. However, we do have the FOMC announcement tomorrow which is one of those trades us die-hard announcement traders live for. It only happens every 45 days and it is the Mother of all announcement trades. We will see some great movement this week. MMT predicts 10 to 15 points of movement off of that announcement by itself. Incredible.
Today's Long and Short of It covers the all important stop loss and why they are so important. Pam gives us This Day in History on the Two Cents and we learn everything from blood banks to the triple lutz. Enjoy: http://www.youtube.com/watch?v=twxK8rV014s
Thanks, Amy
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