FYI - sentiment trader did an analysis of recent years and it is
telling, bigger the POMO day, better odds of stronger mkt. despite
what overbought indicators may hint at. reading between the lines,
the old adage remains 'don't fight the FED'.
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POMO days
Posted by hazbin1 on 14th of Oct 2010 at 09:28 am
FYI - sentiment trader did an analysis of recent years and it is telling, bigger the POMO day, better odds of stronger mkt. despite what overbought indicators may hint at. reading between the lines, the old adage remains 'don't fight the FED'.