funny thing is steveliesman actually put this out on twitter first the denial from the IMF that is. Twitter my friend Twitter
The thing is, I had planned to go long at 51.50, and then decided against it; so the BS would have made me a nice chunk of change. So it's hard to be mad at it; however, I just don't like it based on principle. I'm here to make money so I must put my personal beef aside and trade what I see, and the long looked good anyway, I suppose the news just made it explode. I should not have been shorting that. And I should have moved the stop to BE given the time of day, to avoid a loss on that short.
I must say I find myself grateful for this craziness. Not because I'm trading brilliantly through it--in fact, I'm not trading at all this week--but because it is forcing me, once and for all, to set aside my opinions/beliefs/feelings/pride/what-have-you and just accept the market on its own terms. I needed to learn this eventually. The sooner the better.
Good point tortoise, and thanks for reinforcing this; I need to hear it too. Bull shit or not, if I fight the market, I get screwed every time.