worried about the bulls here. who knows what Fed will do tomorrow... and who are these nice people writing bullish headlines? are they just taking the bull/pig for a walk?
The bears seem to want blood from the bulls rather than make money. Little do they realize that many bulls will not be bulls forever and have made a killing even if they are stopped out now. I have reduced my maximum position and will scale back as volatility rises.
i agree there is too much fear for such a small move. strange... maybe one of the secretaries who brings doughnuts to FOMC meeting overheard something and informed her hedge-fund connections?