Waiting for this lame fed meeting to be over. . they should just annouce today there is no rate hike so we can get on with more lame talk about the next possible rate hike at the next meeting...rinse and repeat with this pathetic fed....
Now we have "fears" of a Brexit hahahah....that was the icing on the cake for the fed to hold off on rate hikes at this meeting tomorrow.... Market in panic mode...which is hilarious because just last week everyone was cheering Dow 18000 and fresh highs. . look how quick that dissipated from thin air haha and how quick the VIX jumped.....fools
Well let's just say I sold half of my DRIP position and all of my DXD today and yesterday ahead of the fed meeting.....my take is the fed is not going to raise rates and the markets will probably jump so I got rid of some shorts headed into the meeting today and tomorrow and knowing my luck the market will sell off another 2% between now and Friday......
Market tops never happen when everyone is going to cash: Fund Managers Are Stockpiling Cash Retail sales up 2.5% yoy, prior months revised upwards.
So you agree, after all if anyone had bought a house at the start of the initial thread and sold when I put the sell comment, which just so happened at the top of the boom, they would've banked some of the easiest money ever made. Don't bet against or play with anyone who utters "Time is not linear."