Moneymoney

Mon Dec 17, 2018, 06:33 PM

I think we are oversold and will see a bounce this week

Last edited Tue Dec 18, 2018, 11:39 AM - Edit history (1)

Will it hold into year end? Doubtful.

4 replies, 214 views

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Arrow 4 replies Author Time Post
Reply I think we are oversold and will see a bounce this week (Original post)
TheShoe Dec 2018 OP
Let it go Dec 2018 #1
TheShoe Dec 2018 #3
uncledad Dec 2018 #2
Iron Condor Dec 2018 #4

Response to TheShoe (Original post)

Mon Dec 17, 2018, 07:02 PM

1. Depends on reaction to the fed.

Who is between a rock and a hard place.

Don’t raise rates and that will scare people.

Raise rates and that will scare people.

Wording needs to be perfect and I don’t know what would work.

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Response to Let it go (Reply #1)

Tue Dec 18, 2018, 11:38 AM

3. Indeed

We have our bounce. Let’s see where we go.

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Response to TheShoe (Original post)

Mon Dec 17, 2018, 07:11 PM

2. Just raise the rate and say a course correction is being studied.

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Response to TheShoe (Original post)

Tue Dec 18, 2018, 02:51 PM

4. Any bounce at this point looks like it'll be nothing more than a dead-cat-bounce

In my opinion the S&P could lose 50% value and as far as I can tell it would still be overvalued. That's how huge of a credit bubble we have created.

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Moneymoney