Hi All,

As the Fed would doing their thing today, it’s best not to trade until the announcement is made. When the announcement was made which was a cut of 50 basis points, the stock market shot up!

It was painful to watch it shoot up and not be part of the move (it went up 100 prices!), I waited for a pullback and got one. It went to 152500 and retraced to around 151250 and then I got in at 151800. I rode it up and it did bounce off 152500.. I felt a little uneasy here but left it.. it retraced to 152000 and then went up again. I rode it a little longer and got out at 152975.

Wahey, that was a nice +47 price gain!