Posted by fredsaid on 16th of Mar 2023 at 09:47 pm
I think this rally is gonna bite the dust no matter what the Fed
does next week. Hold = panic, things are worse than
expected. 50 = holy crap, we have a long way to go and the
fed is confused. 25 = really with all the regional bank
trouble he still raises rates. It's a lose, lose, lose setup
for the Fed. Like i said before, he needs to do 50, anything
else (which now looks likely) will spell even bigger trouble down
the road. Heck, raise 100 and back stop all the banks with
100 trillion - the latter is gonna happen anyway.
I think this rally is
QQQ golden crossThat QQQ cross I pointed out last week ...
Posted by fredsaid on 16th of Mar 2023 at 09:47 pm
I think this rally is gonna bite the dust no matter what the Fed does next week. Hold = panic, things are worse than expected. 50 = holy crap, we have a long way to go and the fed is confused. 25 = really with all the regional bank trouble he still raises rates. It's a lose, lose, lose setup for the Fed. Like i said before, he needs to do 50, anything else (which now looks likely) will spell even bigger trouble down the road. Heck, raise 100 and back stop all the banks with 100 trillion - the latter is gonna happen anyway.
Fred looks like you are
Posted by rbreese on 17th of Mar 2023 at 07:38 am
Fred looks like you are spot on again with your market call .