With Upcoming FOMC Meeting, Gorilla Trades Tells Investors to Have Patience
September 13, 2007 (PRLEAP.COM) Business News
Jupiter, Fla. September 13, 2007 – Gorilla Trades, a stock advising service providing a proprietary software that uses technical indicators to suggest potential stocks slated for explosive growth, suggests that investors be patient with the volatile market.Monday’s market closed virtually unchanged with the Dow gaining a subtle 14.5 points, after a very volatile day of trading. This trend of indecision will most likely continue until after the Federal Open Market Committee meets next week and makes a decision about whether or not to cut the Fed rate.
“After the FOMC meeting next week we should get some more visibility about what the market will do,” comments the Gorilla. “Also, the sixth anniversary of 9/11 is sure to create some caution among investors. Once we get through this week we should have a better understanding of which way the market will move.”
Every year since the tragedy of September 11th there has always been some concern among investors about some type of attack, somewhere. The recently released Bin Laden tape only added to that concern.
Depending on how the FOMC meeting goes and how the Fed handles the continuing credit crunch, the market could move either way. Amateur and veteran investors, alike, will have to wait until next week to find out.
About Gorilla Trades:
Gorilla Trades, incorporated in 1999, offers a risk-controlled, market tested, proprietary system which generates a menu of stock ideas that have consistently proven to identify stock trades with explosive price appreciation potential. The system allows subscribers to make decisions on potentially profitable stocks without having to spend hours on research. Gorilla trades, located in Jupiter, Florida, boasts subscribers in all 50 states and 55 different countries. To start trading with the Gorilla visit: http://www.gorillatrades.com.