On Fed days i'm always the lightest and even wait till the next morning most times as the knee-jerk reaction usually ends up being wrong.
Hour to go and it looks like BIHC is heading towards .015 Monstrous profits made today, wish I found out yesterday!!!!!
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I'm usually almost 100% cash at FOMC time, but holding half my shorts this go-round b/c I'm far enough ahead that we'd need a 1500 point rally in the DOW to break me even (not including booked profits!!). :)
If they do raise, there will be a 400 point down day, and I just can't bear to NOT be short for that(even though it's a 1% chance I view my risk as nil since I'm so far net positive w/ DXD and others)!
Playing with profits is the best since you can't technically lose. :)
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