Your post Fed meeting sentiment tomorrow

[CalScholar]

Quote from CalScholar:

If so, I wouldn't call it a correction. More like a bull on a coffee break.

But then, this rally seems severely misguided to me. It's BULLshit, really.

 

[Ivanovich]

I've read the Fed statement 10 times now. I don't see how the hell this is dovish like the market is running with.

"With the market falling all over themselves to price in Fed cuts. Bill Gross thinks the cuts will come quickly, he tells CNBC, but he has been singing the same song for the better part of two-years."

Price in cuts? Haha...this is hilarious.

 

[Anunakki]

Quote from CalScholar:

If so, I wouldn't call it a correction. More like a bull on a coffee break.

True true .. I cant find a SINGLE precedant for a correction behaving like this ( and they usually have a pretty clear pattern).

This is why I still believe we're headed down

 

[a529612]

End of Q performance churning? It doesn't look good with Q1 in the red.

Marching to DJIA 13k...

 

[S2007S]

Quote from a529612:

Correction is officially over?

Tim knight will say its over tonight in his blog. back to 12787

 

[Landis82]

Quote from Anunakki:

Seriously someone slap me and wake me up if Im reading into this rally what I want to read into it..

BUT...

All we're doing is climbing to the 61% fib which is where MOST pullbacks to resistance after a big decline fail..then we head into more lows.

I shorted this rally ..call me crazy ( course I didnt go all in..just a few bucks )

We BLEW THRU the 61.8% FIB retracement at SPX 1424.

 

[Landis82]

Quote from Anunakki:

True true .. I cant find a SINGLE precedant for a correction behaving like this ( and they usually have a pretty clear pattern).

This is why I still believe we're headed down

Wrong.

We have had plenty of V-Bottoms before, and it the "Triple-Witch" obviously accelerated the triggering of "collars" on the way down.

 

[S2007S]

This is just crazy, im turning off all finance channels tonight and forgetting about today.

Call me crazy but this correction is NOT OVER. EXPECT another huge drop soon. Im not buying this technical stuff just yet.


350 point rally in 3 days based on what?


FED may cut rates which means they know there is a slowing economy on the way unless he just opened his mouth about rate cuts to get this market rally in motion.

 

[ByLoSellHi]

Quote from S2007S:

This is just crazy, im turning off all finance channels tonight and forgetting about today.

Call me crazy but this correction is NOT OVER. EXPECT another huge drop soon. Im not buying this technical stuff just yet.


350 point rally in 3 days based on what?


FED may cut rates which means they know there is a slowing economy on the way unless he just opened his mouth about rate cuts to get this market rally in motion.

Don't fight it.

Give in to temptation.

Dow 13,900 by year end. 1580 on the s&p.

 

[stock_trad3r]

Time 2 buy

As I said b4 the feb selloff wasn't a big deal