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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (21428)10/11/2018 11:56:28 PM
From: jeffersonkeith  Respond to of 33421
 
According to Dr. Strangelove the fed has gone cypress hill.
He prefers a fed that has a slow hand, and an easy touch.
Explanation du jour - interest rates.
Reality - we’re do for some meaningful down



To: Elroy who wrote (21428)10/12/2018 10:48:14 AM
From: kimberley1 Recommendation

Recommended By
Chip McVickar

  Respond to of 33421
 
I think it started because people were spooked by the bond market, and I think it became severe because no one was buying the dip...

Many things to consider now - higher rates, contracting money supply, increased labor costs, trade woes, global contraction....

I think people may just feel a healthy reset is needed to go long again. I view today as a tradable bounce, but certainly expect a test of the lows. Earnings should be good, but I'm most concerned about guidance going forward. Interesting times