Wow
Now that is just nuts.
I came back from my walk at around 3pm and I see the market on fire. Even though I knew the fed news was coming out, my first reaction on something like that is “they caught Bin Laden.”
Losing money is the worst, but watching the Nasdaq close up 62 points - and not riding it for a penny - is definitely a close second. The reason I was in “light trading mode” was because the risk was too high today. The market is always very choppy when the news comes out at 2:15.
Shorts got killed today. I hope some of you were able to ride that wave (tsunami) up. It looks like a bullish follow-through day on the long term charts. Man, now I don’t want to go on vacation.
