Mar 18
I couldn’t not watch the action today. I swear I’m taking the next few days off from the markets - it has been intense. I need to catch my breath and it’s only Tuesday.
I got out of SSO for a nice quick buck, shortly after the open today, I didn’t think we’d see any higher levels after the FED. I really felt, so did dogwood, that the market was going to sell off if we didn’t see the full point. I tweeted, the markets had an 84% chance of a full basis point cut. Markets were violent, but bounced back to the previous highs for the day - so I guess our logic was off. Live and learn.
Don’t get me wrong, soon I’m going to go long SSO, for the long haul. First little sign of real strength. Could be soon. Could me months.
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