I figured this would be a good thing to keep handy, especially with the bullishness that seems to surround the POMO days – and we have a bunch of them coming up. Where would this market be without the Fed continuing to inflate stock prices artificially? It’s a perfect of example of despite “what should happen”, you have to trade with the mind set of “what is happening”. There’s a big difference between the two.
Here’s the POMO schedule