I bailed on my gold and coal bearish trades this afternoon. The Fed announcement appears to be bullish (at least for the short term), so I decided to get out with a small profit. If things reverse in the next day or two, I might get back in...but for now, I'm out. I will cautiously look for some bullish trading opportunities since we have clearly broken out in the S&P 500. However, I am now looking closely at the DOW to see if it can also break out to a new 52 week high. The Nasdaq broke out over a week ago.
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