What a rally today. After seeing yesterday's post fed action, most of people I know thought markets are in a deep trouble. I, too, thought the same. I guess when things are too clear, markets do the exact opposit.
I plan to enter a few position trades in my Roth IRA and now seems like I have to sit on my hands a bit longer. I told myself, I would enter after the annoucement yesterday, but I ended up chickening out just like I did on Gold a few months back. Had I bought a few stocks that I picked, my Roth account would have been up 5% from today's gain only. It's all hindsight and hard to get over. What I have to be careful is whenver I have 'I missed it' mentality, I lose a big money.
At this moement, I'll sideline. Things just don't look clear in all the markets.
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