It is a scary position to be short. You know the Fed will step in somewhere down the line and it'll blow up in your face. Having said that, I think there's ample time to get out or reverse if necessary because stocks don't make their full move instantaneously in response to the Fed. It takes time for trends to develop before reversing.but staying short, betting against the Fed for long seems like a bad idea.
PERMABEARS on this forum be like --
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Ok, I am in for some zero risk free money. Long 2005.5, stop 35 pips.
Is that still so? I mean never a down day in the land of perfectI should have join the perma bears. There was no free money for me on the long side.
Is that still so? I mean never a down day in the land of perfect