Reply to Why is the stock market crashing, the dumb fed hasn't said anything

Forum Index » Money and Finances

Reply to "Why is the stock market crashing, the dumb fed hasn't said anything "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]The market knows the data that the Fed reads to make its decisions so they anticipate what the feds will do.  If the feds raise it by .75, it's kind of already figured in.  If they raise it by a full point, it will likely go down further.   If the feds go full throttle on 'we'll do whatever it takes and there will likely be pain' in their statement it will likely go down further.  If they temper anything it will probably hold or even raise a tiny bit.[/quote]

The above knows what they are talking about.  The last CPI caused the current downturn.  The 'market' knows that the Fed has to "fight inflation" hard either with a 1.00 rate increase or talking tough about future pain.  Either will drop the market tomorrow, maybe only temporarily for 30 minutes.  If neither happens, the SP500 will likely squeeze to 3950 tomorrow afternoon.  Squeeze occurs due to too many shorts that need to cover once their stop is hit.  Stops are 3880-3920 range.  Keep in mind, many are hedged/shorting.

Keep in mind that last the 4 FOMC's, the market squeezed the hell out of the shorts.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics