As a general rule, when the news say something, people will overcompensate so it's in your interest to act on the opposite. On the other hand, it's not enough

As a general rule, when the news say something, people will overcompensate so it's in your interest to act on the opposite. On the other hand, it's not enough to just be on the right side of the trade: after all, the markets can remain irrational for longer than you can remain solvent.