Will Powell spike the punch bowl ?

Discussion in 'Trading' started by Innervoice, Dec 13, 2022.

  1. %%
    I told you pre wednesday /public post 00.50, not that it was prediction ;nor was the WSJ guess of .50 a prediction.
    I do have a .50 cal empty brass shell.[P] passed it up for weeks or so @ metals dealer , not sure the resale on that.
    .222, 30-06 , .308 .38 much more volume:D:D
     
    #71     Dec 15, 2022
  2. TheDawn

    TheDawn

    Yes you called it. Can't believe how much the market went down today. I guess people are finally getting through their head that Powell means business when it comes to inflation.

    This is becoming a pattern now. Fed delivers QT news on Fed rate decision/announcement day, the market doesn't do much on the day but wails and cries and tanks the next day and then after a few days to a week or two it gets complacent and starts to rally especially after some rosy economic numbers or something happening in China and/or Powell saying something dovish and the permabulls here all get smuck after having recovered 10 - 20% of their losses depending on their original entry point(s) until Powell makes a speech and/or on the rate decision/announcement day when he says "Die inflation die!!" and the whole cycle starts all over again...
     
    #72     Dec 15, 2022
    KCalhoun likes this.
  3. Overnight

    Overnight

    There's a song for that...


     
    #73     Dec 18, 2022
  4. TheDawn

    TheDawn

    Are you a musicologist? You have a song for everything that people say. You are amazing! :)
     
    #74     Dec 18, 2022