You Said It: A TSC Weekly Poll: How Will the Market React to the Fed Hike?

Everyone's watching the Fed , of course, with the Federal Open Market Committee set to meet Tuesday. There's little mystery around this meeting, though -- the panel is all but certain to raise the target fed funds rate by 50 basis points, to 6.5%.

The real question is what the market will make of the move. Traders must be getting headaches from trying to game what the other gamers will do. Everyone's expecting a rally, so there won't be a rally, except that everyone knows what everyone's expecting.... Anyway, what do you think? And take our weekly sentiment poll, too.

Here's how you voted.

Question: How will the market react to the Fed hike?

Responses: 2121 Last updated: Mon May 15, 8:57 AM EDT Stocks will rally through the week. 21% Stocks will rally, then fall back. 49% The reaction will be muted. 16% Stocks will fall. 10% Dow plunges to 6000, then Travolta-led aliens destroy Earth. 3%

Question: What's your sentiment on the stock market?

Responses: 2088 Last updated: Mon May 15, 8:57 AM EDT Very bullish. 8% Somewhat bullish. 30% Neutral. 25% Somewhat bearish. 29% Very bearish. 7%