Monk's Den

[hermon munster]

For folks who attended an advanced Monkinar:

How did you play the drop in FAS right after the jobs report today? I was in a bollie play (paper of course) and the bottom fell out. Do you take the immediate loss of several hundred or let it ride?

I let it ride thinking:
1.the market will recover from bad news
2. FAZ is not at a good entry b/c it just exploded.

edit: I know what I should have done if I followed the rules. I was just kinda in shock and got caught watching.