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re: FED tomorrow
Posted on 2/1/23 at 2:17 pm to AUHighPlainsDrifter
Posted on 2/1/23 at 2:17 pm to AUHighPlainsDrifter
Lol there was a 99.9% chance of a 25 basis point increase. It’s not like he called something impressive. ??
Posted on 2/1/23 at 2:21 pm to FLObserver
quote:
Oh well
Yeah. This is going to make for some tough sledding moving forward. Not only did they do 25, but he seemed pretty bearish at the presser too.
I dont want to start chasing profits, but it looks like we will have to make a decision to enter at uncomfortable levels or just sit out.
Posted on 2/1/23 at 2:27 pm to AUHighPlainsDrifter
quote:
Three downvoters owe you an apology today.
Haha. To anybody downvoting me when I speak on the Fed and currencies:
Thank you for your money. I made 4% YESTERDAY. As much as your 401ks make in a year.
Posted on 2/1/23 at 2:28 pm to BarleyPop
quote:
I dont want to start chasing profits, but it looks like we will have to make a decision to enter at uncomfortable levels or just sit out.
I'm 90% invested in stocks. i was just hoping for a drop so i could get a couple shares of good companies i already own cheaper. I'm not sitting out by any means. You must be talking to i love bama
Posted on 2/1/23 at 2:36 pm to FLObserver
I guess I'm just speaking for myself at this point. I'm almost out of open positions and was hoping for a nice run in the opposite direction to get reinvested. But that didn't materialize today and looks like it'll take some scary data to get things moving the other way. Maybe a big NFP # Friday, but that probably isn't happening either. :/
Posted on 2/1/23 at 2:51 pm to I Love Bama
quote:
Lol there was a 99.9% chance of a 25 basis point increase. It’s not like he called something impressive. ??
Dang. Tough crowd. Whats a guy gotta do around here to get some love?
What if I went 7 for 7 predicting everything from the DOW bottom to fed hike amount to market and currency directions and more?
Cause I did.
Impressive.
Posted on 2/1/23 at 3:35 pm to BarleyPop
How tiny must your penis be to go through anonymously downvoting someone because their posts have hurt you in some way. Its extremely pathetic.
Posted on 2/1/23 at 4:13 pm to BarleyPop
quote:
Cause I did.
Fed movement is not impressive as it's already told before its official in the markets but the dow bottom i'll give to you.
Posted on 2/1/23 at 5:36 pm to go ta hell ole miss
quote:
was referring to Easing up from .5 to .25, not cutting.
Gotcha. I misread since I thought the .25 was a given.
quote:
breaks through this 4100 (sustained) it is going to 4300.
I see that and looks probable at this point. The path is pretty clear to 4500 barring any hiccups in economic data. I still don't think earnings estimates will provide support, but that looks like where the S&P wants to go.
quote:
I am surprised they did not keep the number at .5 with commodities rising and unemployment still so low. The dollar has come in and inflation is coming down
Certainly the risk for upticks in future inflation readings. Powell was pretty optimistic today so we'll wait and see with him.
Posted on 2/1/23 at 5:42 pm to BarleyPop
quote:
How tiny must your penis be to go through anonymously downvoting someone because their posts have hurt you in some way. Its extremely pathetic.
And here I am wondering why the hell you would need any type of validation from this board or give a single frick about a downvote
Posted on 2/1/23 at 6:42 pm to Weagle25
quote:
And here I am wondering why the hell you would need any type of validation from this board or give a single frick about a downvote
You bring up a really good point being why am I here. And you can see me contemplating that in post 3 in this thread.
Its like Warren Buffett walking out onto the sidewalk to give free financial advice only to have homeless people throw rocks at him. He would conclude that he'd clearly come to the wrong place and get the hell out of there.
Tigerdroppings was alot better in years passed when I was blacked out drunk arguing about football. But starting this thread to tell everybody what was going to happen and how, which could be wildly profitable knowledge for anyone who sees it, and of absolutely no benefit to me as its everything I already know, only to have a bunch of less fortunates heckle me...man please. F all this.
Posted on 2/1/23 at 8:43 pm to BarleyPop
Awww. Poor little BarleyPop. He didn't get his Attaboys. Well, here you go, BP. Here's a lollipop for predicting something that had a 94% chance of happening. Good job!
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