That the Fed has announced the rate cut on Opex before the open...
Booo--freaking-hooo
Looks like a lot of people got caught upside down. Good sign.
Once again... Fed actions aren't about some short term traders and their positions.... This is about restoring market confidence and economic stability.. Whoever got caught uspide down.. better luck next time.
It might restore economic stability. But it certainly did not restore any market confidence, at least not for me.