“Message to the FED Lounge Lizards … lies, lies, & more LIES!”
A blizzard of FED PIE HOLES today, no doubt laying the groundwork for the next
depression with very hawkish rate hike talk … and sure enough here comes
Bullard with his 3.5% funds rate talk, that according to him is needed to thwart
inflation … good luck Jimbo, it ain’t enough!
Here’s the FED game plan … raise rates until the SP500 crashes OR until it hits
Spicoli’s “PUT” … my guess is that lies between 3900 - 4000 on the “Spoos” … we
got a ways to go … 10 YR rates today pushing 2.66% and climbing … everything
on the board has turned to shit thanks to FED Uber Hawkishness … crude oil
might be immune, but we can’t trade crude for the PAMM cuz Turnkey has ruined
the CFD with ridiculous bid / offer spread making it untradeable … everything else
the FED has a “chokehold” on, and they’re are showing their cards… both gold &
“Spoos” are in interest rate prison at the moment, and the trading action is
deplorable … simply awful … “sell, Mortimer, SELL!” on the way down, panic city
on the way up … there is no trade here … walls of selling with very brief short
covering panics that have no life … this is the worst “Spoos”action I’ve seen in
a very long time … and gold? … gold is a joke today.
No trades today in anything … I’m still fighting being under the weather … I should
be OK tomorrow … hopefully … man flu is a terrible thing … more on the “Spoos”
in tomorrow’s blog.
… outta here … “The future’s so bright I need sunglasses”!! 😎😎
… Onward & Upward!!
-vegas
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