Wednesday, March 18, 2009

Fed Rings Bell

http://finance.yahoo.com/news/Fed-launches-bold-12T-effort-apf-14683798.html

There is an old saying on Wall Street that no ones rings the bell--however todays action by the Fed comes as close to bell ringing that I have ever heard. I look for gold to soar and the dollar to tank. Buy april call options on SLW, RGLD, Auy. I prefer just out of the money options based on the underlying stocks price. This is a turning point--The FED is running the printing presses full tilt.

No comments: