Translated in real english what the fed actually said was-
''Ok we give up, economy is screwed, end off, we accept it.
So we are now just gna turn on the priniting press and just print unlimited peices of paper saying the word ''1dollar'' on them,
and so this will create an artificial economy that looks good since we will control it''.
Thats why everyone dumpepd all their dollar shorts in seconds, since the dollar is now worth nothing since theres gna be hyper inflation,
why gold rocketed, why oil even soared up suddenly,
why dow jolted so fast, since the fed will now be god and so can make the economy look however they want it too low, and have the value of companies as high as they want.
(Will all be artificial due to the hyper inflation aspects, but no-one cares about that)
How are all the day traders gna play this tomorrow and next week though??
Since swing trades will be buying gold, selling dollar.
But are the day traders out there gn be bias to the upside also now??
''Ok we give up, economy is screwed, end off, we accept it.
So we are now just gna turn on the priniting press and just print unlimited peices of paper saying the word ''1dollar'' on them,
and so this will create an artificial economy that looks good since we will control it''.
Thats why everyone dumpepd all their dollar shorts in seconds, since the dollar is now worth nothing since theres gna be hyper inflation,
why gold rocketed, why oil even soared up suddenly,
why dow jolted so fast, since the fed will now be god and so can make the economy look however they want it too low, and have the value of companies as high as they want.
(Will all be artificial due to the hyper inflation aspects, but no-one cares about that)
How are all the day traders gna play this tomorrow and next week though??
Since swing trades will be buying gold, selling dollar.
But are the day traders out there gn be bias to the upside also now??