Even though the fed cut 50bp today after just cutting 75bp last week, it still wasn't enough to save the market. Sure, for about 30 mins the market went up and my acct was hurting, but then people read the report and realized that "hmm, things must be bad if the fed is having to cut this much."
I currently only have 2 longs, and neither of them is working well. And today I will likely add a few more shorts.
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