Today was FOMC DAY. That means huge volatility for many to make money in the market. However, this is not for the novice, not even for the advanced. When the Fed decides what to do with the economy, it means a great deal. It can go up or down, depending on how many in the market look at it. Today was a move to the downside. Algorithms are running the market with key words to decide when to buy and when to sell. Tomorrow will give us a better indication of where the Market is heading to. I am still bullish in this market and I believe we will reach 190 soon, within this month or the next coming month. How we play with Option is what we provide in our Chatroom. We told everyone not to trade today, but notice what happen when "events" becomes a catalyst. Today we learn, its better to stay on the bench than play ball.
Wednesday, March 19, 2014
S&P 500 03/19/2014
Today was FOMC DAY. That means huge volatility for many to make money in the market. However, this is not for the novice, not even for the advanced. When the Fed decides what to do with the economy, it means a great deal. It can go up or down, depending on how many in the market look at it. Today was a move to the downside. Algorithms are running the market with key words to decide when to buy and when to sell. Tomorrow will give us a better indication of where the Market is heading to. I am still bullish in this market and I believe we will reach 190 soon, within this month or the next coming month. How we play with Option is what we provide in our Chatroom. We told everyone not to trade today, but notice what happen when "events" becomes a catalyst. Today we learn, its better to stay on the bench than play ball.
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