I don’t have that much confidence buying when the market is up 200 points, this cannot be the bottom after what just happened. However, I did end up buying my [[MELI]] this morning, and already regret it. I felt like I needed a long as mother market was lighting up shorts, stupid.
In an environment like this it’s best to have a thesis and pick a direction, otherwise mother market is going to churn and burn you.
Note: I fell like shorting [[LEH]] up here, but will wait for the FED.
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