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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (70103)	9/23/2022 11:28:04 AM
From: Lee Lichterman III	1 Recommendation Recommended By catou1 Respond to of 97611

PMIs had upticks this morning. Not good for those wanting the rate hikes to stop. Global and Services had the largest rises. pic.twitter.com/vYQ5msNgm6 — Lee3 (@LeeLichterman3) September 23, 2022

To: Lee Lichterman III who wrote (70103)	9/23/2022 12:29:39 PM
From: The Ox	4 Recommendations Recommended By ajtj99 bull_dozer catou1 towerdog Read Replies (2) \| Respond to of 97611

Do people realize it takes 6 months or more for rate changes to have an affect on the "trailing" indicators being used to justify more hikes? For Powell and his team not to acknowledge that their moves may need to pause for a month or 2 to see how these last 4 rate hikes are changing the economic environment seems daffy to this observer. The punchbowl has been taken away. I'm somewhat surprised by people pointing to this most recent PMI and saying, see, the work is not done yet. Oh well. Much more "pain" is coming and it appears to be similar to every event in the past where the FED overshoots by a wide margin at the worst possible time.

To: Lee Lichterman III who wrote (70103)	10/11/2022 11:51:58 AM
From: Rarebird	2 Recommendations Recommended By Sun Tzu towerdog Respond to of 97611

Not true at all. I called the summer rally into August and then went short a couple of sessions after the market peaked and profited on the downside. Message 33968884 And I did call the June bottom right at the lows and profited handsomely. Message 33898431 I have done very well this year, trading the swings. After a very good first quarter in value stocks, I had a rough second quarter by overextending my stay in defensive issues. But I rebounded very strongly in Q3, timing the big swings very well. Q4 is yet to be determined. Just want to set the record straight.