Either it is a dead cat bounce relief rally, or a sell off heading below 4000 S&P. Either way it will move Friday.
How shall the market react to the FED?
- Thread starter TimtheEnchanter
- Start date
too much tension and fear now, smart money says a fast rally maybe 7-percent or more.
You guys are approaching this the wrong way. Doesn't matter what the Fed announce, the game plan had always been like this:
1. China hosts Olympics in 2008. Stock market dies a couple months later.
2. China hosts Olympics in 2022. Stock market starts to die then bottoms out a year later.
Why a year later in 2023? People are too happy/moody to sell the bottom right after March. We shall wait until October-February where SAD (seasonally affective disorder) rears its uggly head. That's the timeframe for the Market to re-act what it did back in 2008/2009!
3. 4000 sp500 is bad luck in the East. We're heading back to the 1000's soon and ALL because China hosted the Olympics this year! (4800 dies to 1700 over period of 1 year is very very plausible!)
1. China hosts Olympics in 2008. Stock market dies a couple months later.
2. China hosts Olympics in 2022. Stock market starts to die then bottoms out a year later.
Why a year later in 2023? People are too happy/moody to sell the bottom right after March. We shall wait until October-February where SAD (seasonally affective disorder) rears its uggly head. That's the timeframe for the Market to re-act what it did back in 2008/2009!
3. 4000 sp500 is bad luck in the East. We're heading back to the 1000's soon and ALL because China hosted the Olympics this year! (4800 dies to 1700 over period of 1 year is very very plausible!)
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It's not a theory. I predicted the bottom of the Covid crash back in 2020 to 5% accuracy!! Not on this forum of course. I know this place infested with CIA agents and could get me in trouble... You'll come begging me to help you all identify the bottom in no time soon. The main part of the crash hasn't even happened yet. During the Covid crash, I kept joking that we only saw -5% circuit breaker days because they're saving the -7% circuit breaker days for later this year/early next year. That's how bad the market drop will be. (China hosting the Olympics is the biggest geopolitical world event). To Mr. Market playing the China card will benefit him greatly! He only saves the best like -7% circuit breaker days when he's dealing with China!
Not to disregard anything you said,
but i didn't knew about it happening in the first place.
As tv popularity decreased, so did any event like olympics, oscars, grammy etc.
Except we only saw a couple 5% breaker trips during the ETH in futures. If you recall, there was even a 5% trip on the upside. But the RTH ES breakers only trip at -7%, not -5%. And we had a few days of those staggered through March 2020.