just be careful that it seems to be market consensus to drive market up before meeting and then sell on news. The smarter money may sell before the news to ensure they can sell before everybody else can. On Friday, market doesn't go up much actually, so there's already sign of less buying.
2 comments:
sell puts after the fed meeting tue... and wed morning... get long after that. Rate cute and Rally is baked into market already but sell the news. JMO
just be careful that it seems to be market consensus to drive market up before meeting and then sell on news. The smarter money may sell before the news to ensure they can sell before everybody else can. On Friday, market doesn't go up much actually, so there's already sign of less buying.
ryan
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