CPI will come in weak...Stock Index will SOAR

Being right is nice, but being profitable is better.

And profits are made only when a position is closed.

If you're right for the entry but wrong for the exit, who cares?
 
A lot of folks are happier to be right and get recognition and pick up the crumbs that fall off the table rather than eating the actual meal.

Rickshaw Man said:
It doesn't get any easier than that. If you couldn't figure that out you need to find a new career. Cheers to anyone who believed and made that bet.
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rb7 said:
Being right is nice, but being profitable is better.

And profits are made only when a position is closed.

If you're right for the entry but wrong for the exit, who cares?
More...
 
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rb7 said:
Being right is nice, but being profitable is better.

And profits are made only when a position is closed.

If you're right for the entry but wrong for the exit, who cares?
More...
The Exit will come post Powell's somewhat less hawkish speech tomorrow
 
SunTrader said:
You got the nonsense talking heads talking points down pat. "Profit taking" lol ES is down below breakout point.
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ES ran up yesterday and pre market today, in anticipation, almost 100 points combined.
 
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If you time it right, perhaps. After that it will go downhill. The market has not priced in the fact that rates won't be lowered next year barring a total crash of the economy that is not currently in the cards.

Darc said:
The Exit will come post Powell's somewhat less hawkish speech tomorrow
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M.W. said:
If you time it right, perhaps. After that it will go downhill. The market has not priced in the fact that rates won't be lowered next year barring a total crash of the economy that is not currently in the cards.
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Got no problem with the slide in 2023, it's already commenced probably, but still a bit of a rip left I believe.
 
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