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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
Mevis
towerdog
To: ajtj99 who wrote (69771)9/20/2022 3:50:51 PM
From: Sun Tzu3 Recommendations  Read Replies (2) of 97653
 
A 120 points rally into the close on the day before the Fed announces.
I was planning to close my short position before the announcement, seeing how the Canadian CPI came in below expectations. My thinking was that the Fed will hike by only 75bp and the market will rally. But now I think that is now fully priced in and likely it will be a sell on the news kind of deal.

I have no better a crystal ball as to what the Fed will do than anyone else. So come tomorrow, I may end up asking some of you if you have spare room in your house. Be kind to the homeless, if I knock on your door ;)
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