Wow. That was a crazy move. 119,50 points in a few minutes. I imagine those numbers can't have been good. I stopped out for 1,25 points loss on a long pre-release and decided to stay flat on the release. Back for more fun on the Open until the dust settles.
I closed down my trading computer for a bit, but if you believe in measured moves this rally just about equals the prior bear market rally now.
@SunTrader -- that VIX move might have been a little warning. I had some other stuff too I was seeing but keeping core long position. Looking to add.
In trading I find that there's a sweet spot between being flexible in your analysis and having conviction in your trades. If you post a trade online and express a great deal of confidence in it, I think it's easy to want to be right and defend your views as opposed to how you would manage the trade if it was done privately. At least I feel this is the case with me. That's why I'm not so interested in posting actual trades, but more interested in posting forecasts and discussing where I think the market's most likely going short-term.