Posted on 11/03/2010 6:44:57 AM PDT by mark3681
Federal Open Market Committee's (FOMC) 2:15 p.m. Eastern time statement on U.S. monetary policy, interest rates, and potential quantitative easing.
(Excerpt) Read more at schaeffersresearch.com ...
GOP Sweeps Congress.
ADP numbers are better than expected.
Look for the FOMC to disappoint the QE2 crowds by not printing nearly as much money as was first anticipated and that caused the huge rally in the markets.
Once they announce, watch out for a huge selloff...
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