Welp- I wouldnt be so sure about that.. This market never ceases to amaze me and we could easily bust out of the gate with a huge gap followed immediately by a crap..
In which case it wouldnt be so funny eh?
Unfortunately for me (or maybe fortunately?) Im in all cash.. but my plan of action as a trader would probably be to short the gap if its huge.. Just my first move at around 9:45- which ill quickly cover and go long if everything lines up. Just a risk/reward play having missed the gap higher but hey- I will be part of the necessary fuel to push us higher if forced to cover.. I think the market would have gotten more mileage out of this news if announced during the day but : )
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