Fed Cuts Interest rates by 0.5%

(for details pls visit www.OptionPundit.net)

Well, here is the verdict, it’s out. Uncle Ben has pleased wall street and needless to say the reaction in the market. There is a happy mood everywhere (But I am not so much, it simply signals that things are bad economically). Alright it didn’t happen per what I was expecting, but hopefully you read my last post. Just look at the intra-day chart and see what happened to all of those. In addition to those sectors Gold (Thank you Gold) picks GDX/ABX (I shared on forum) and CAM (downgrade, sorry what?), wonderful day!

Profitable trading, OP


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