Short QQQ @ 191.65
#11
Posted 17 September 2019 - 05:46 AM
What do the percentages represent? Chances of a cut or no cut?
It went from 0% chance to 34% chance, not the other way around?
#12
Posted 17 September 2019 - 07:22 AM
Meaning 100% chance of Cut, to 66% chance of Cut and falling....
#13
Posted 17 September 2019 - 07:37 AM
I find it hard to believe they wont cut
Like at Decembers meeting, crash if that happened
#14
Posted 17 September 2019 - 07:44 AM
I find it hard to believe they wont cut
They follow, don't lead
Bonds tanked, interest rose a bit. but not much. So 25 they cut - and some blabla. Then rally. Just cos it's FED day.
Then short of the century is coming. Stay tuned
Edited by alexnewbee, 17 September 2019 - 07:46 AM.
#15
Posted 17 September 2019 - 07:52 AM
I find it hard to believe they wont cut
They follow, don't lead
Bonds tanked, interest rose a bit. but not much. So 25 they cut - and some blabla. Then rally. Just cos it's FED day.
Then short of the century is coming. Stay tuned
Yes short of the century coming,... Agreed but is it here? That (IS) the question. And interest rates rose a bit? You have got to be kidding right? Have you looked at a daily of the TNX? Gold fell hard having trouble getting traction... Possible H&S forming... Bonds dropping like a rock..... This did not happen just because of profit taking! They see the same possibility I am speaking of. Sure I think they cut as well,... But with money on the line I look both ways before I step off the curb.
Best
#16
Posted 17 September 2019 - 08:00 AM
And interest rates rose a bit? You have got to be kidding right?
I find it hard to believe they wont cut
They follow, don't lead
Bonds tanked, interest rose a bit. but not much. So 25 they cut - and some blabla. Then rally. Just cos it's FED day.
Then short of the century is coming. Stay tuned
It depends on your definition of "a bit"
#17
Posted 17 September 2019 - 08:24 AM
#18
Posted 17 September 2019 - 08:37 AM
What do the percentages represent? Chances of a cut or no cut?
It went from 0% chance to 34% chance, not the other way around?
A week ago it was a 92.3% chance of a cut...as of today: http://tinyurl.com/yyz8h6nx
Fib
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#19
Posted 17 September 2019 - 09:08 AM
Thanks,
I stand Corrected
#20
Posted 17 September 2019 - 11:11 AM
wondering = doubt. Doubt is good. Wall of worry for the gold bull. Doubled my QQQ short at 191.81 We'll see on this one.
Edited by skott, 17 September 2019 - 11:14 AM.