Buy the Rumor...sell the fact.

The dow rallied 889 points today...the second largest rally in history on the rumor that the Fed will drop interest rates tomorrow by 1/2 a point. We will probably see a rally early on and when the news hits at 2:15 est. the market will fall shortly afterwards. Just my guess. My position in (POT) advanced 6 bucks today making my loss smaller but we still have a ways to go on that front. I am trying a new trading methodology in the forex market and did one trade in the EUR/USD losing 50 pips. I just happened to get caught up in the rally at the end of the day. Will have to give a couple months of testing before I give my opinion good or bad.