Today we witnessed the usual market reaction to FOMC decisions: randomly up and down. Completely unpredictable. As a trader you better stay away from doing anything on Fed days.

I have no idea why the market retreated the way it did once the news came out. Nobody exepected anything and we got just that. However, towards the end of the session I was willing to venture my twitter trade against the trend because of the fact that a) we’ve already seen a selloff over the past 8 days in the market and b) there really wasn’t that much to dislike about the Fed decision today. I expected a slight rebound towards the close and we did get one.

In other news, I just finished browsing through some of the Transformers 2 reviews. I hate Michael Bay movies with a passion, but I’m realistic enough to know that even though this one got truly devastating reviews it will once again make autobot-loads of cash at the box office.

You know, if we were really experiencing a new normal, maybe people would wake up, start turning on their brain and stop spending their money on shitty movies like Transformers 2. Or at least they’d consider waiting until they come out on DVD to save some dough. And maybe they would not buy the DVD, but just rent it.  However, so far I don’t see any signs of that. Do you?

Until that happens, you know the new normal is really the old normal.