quote:
Posted by BarleyPop ? on 6/16/22 at 10:34 am to GumboPot

quote:
At this time my prediction for floor on the DOJ is 18,000

So back to where it went when the whole world stopped? Not going to happen.

Hopefully you start back in sooner than that. 25ish is a hard bottom. It may not go below 27/28.

Importance of core m/m CPI and what would happen when number hit.

quote:
Posted by BarleyPop ? on 10/2/22 at 9:41 pm to Bard

Core m/m CPI. None of that other crap matters in the least. Not one tiny bit. If it comes in at .3 or less, there will be a huge relief rally. This is not an opinion that requires debate. It is a fact.

***side note - Please go see the mental breakdown Bard had in this thread after misunderstanding my comment. In case you had been taking his financial posts seriously. He also had a DOW prediction and was only off by 10,000 or so. LINK

quote:
Posted by BarleyPop ? on 10/16/22 at 4:09 pm to BarleyPop

1. Fed .75 Nov. 2nd as long as financial markets hold up reasonably well between now and then. Potential for a .5 surprise but I think they handle that as follows:

2. This ones a big deal. Powell will officially telegraph a slowdown in hikes after Nov 2nd meeting aka no more .75s regardless of data. Fedspeak has already been hinting at this. Once markets can relax about high inflation (lagging readings) not causing .75 reactions, we will get some dollar weakness and stock strength.

3. Dow 32,000 or more within a month.

4. Usd/Cad 1.36 or less within a month. (Currently 1.39 and rising fast.)

5. Fed .5 in December

5 for 5

And then this whole thread: LINK which has netted me about a 40% gain and counting since it was written.

Bard, can you post that patting myself on the back gif again? Thanks in advance.

I guess I need to add something useful that hasn't happened yet:

Oil. Higher.