kaltbaum premarket

Futures up about half percent as the fed starts two day meeting. I hate the fact that we have to depend on one man’s moves. Think about it. If they come out and say nothing about more printing of money (QE), the market will be hit. The reason is they telegraphed more easing late last week. I guess this is the new normal. Good day for growth yesterday…but taking a pass this morning. I want to see a few things pull in. You may want to take out a chart going back to last May. This rally looks exactly like June’s rally before the market topped shy of the old highs and then rolled over. Doesn’t mean it repeats. Just pointing it out.