There is no way this Fed has the balls to take interest rates to double digits, with the rigged CPI, inflation would have to be obscenely high to register anything above 2% on the CPI. With the rigged CPI as their inflation monitor, the Fed can keep rates low, blow perpetual bubbles while hyperinflating and keeping everyone happy.
I dont have any positions going into the FED announcement, but cut 25bps, and im selling max clip size in Equity futures across all markets! Who's with me?
Again F U perma bulls. I got psyched out by the FED and missed a big payday by one day. I hope you bought into the rally and pray the market recovers. Now, I will get bullish and buy your positions when you panic sell tomorrow and SELL the rally!
How can you blame anyone for you being wrong? I think the S&P went up 30 points from were you shorted. I am a bear but I donât see were someone could have gotten into a short here without possibly blowing up. I hope the government and fed learn you canât cater to the market though. All the rate lowering is going to hurt us down the road.
Whatâs the news reversal trade the S&P 20 point run up after the fed or the loan insurer downgrade?
I'm not blaming anyone man(only me and teasing). Yesterday was a trade I admit where I went more than my usual lot. Haven't done that in a long time... I shorted half hour into morning immediately at the open. Was actually up $600 on that BS consumer report. I held, market fluctuated. Got out of my comfort zone as I realized the market was done dipping. I didn't want to blow a months worth of profits on a bad trade. Sure, I could of held overnight but didn't want that much action on the line. In retro, should of saved my big position trade for today. know if I held that overnight, I would be sweating it out. And I know for sure I would have covered at the open today and got out unscathed. No chance gambling through FED meeting... Hell, if I held, it would be +4k trade tomorrow morning.. Yeah, this is bad long term, everyone knows. I like being bearish mostly. My best trades are on the short side of things. Have to play both sides though in this game and not get greedy in either direction. Happy trading.