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(13-10-2022, 07:43 PM)sgbuffett Wrote: Repeat pattern market try to rally going into announcement only to plunge after it comes out
Happened laat few times already.
![[Image: pV9kZas.png]](https://i.imgur.com/pV9kZas.png)
As expected plunged once the CPI came out.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
>
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(13-10-2022, 08:32 PM)sgbuffett Wrote: Crashing now
you are an amazing genius !
nothing in stock market can escape your eyes !
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likely another 0.75 % increase in interest rate by US Fed on 2nd Nov 2022
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Inflation will crush the US market like it's a cockroach.
Beware....the US market still has much lower to go
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(13-10-2022, 08:00 PM)sgbuffett Wrote: They have to hike more but if they go above 6 % there will be deflation as economy and credit system will collapse.
See. Now real interest rates still negative. How to fight inflation? Hike to 9% then say
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(13-10-2022, 08:52 PM)forum456 Wrote: likely another 0.75 % increase in interest rate by US Fed on 2nd Nov 2022
If Powell wanna frighten the market should hike 100bps then say if still stubborn inflation Dec hike 200bps. See those condos snatcher still so ya ya
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(13-10-2022, 07:43 PM)sgbuffett Wrote: Repeat pattern market try to rally going into announcement only to plunge after it comes out
Happened laat few times already.
![[Image: pV9kZas.png]](https://i.imgur.com/pV9kZas.png)
Dow futures already down 400+ points at abt 9.00pm.
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(13-10-2022, 09:17 PM)Gemstar Wrote: Dow futures already down 400+ points at abt 9.00pm.
Yeah market havent even open yet.
Will just get worse ....
Traders can make some easy momey by going in and shorting
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
>
(This post was last modified: 13-10-2022, 09:24 PM by
sgbuffett.)
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After hiking so many times, inflation hardly budge. It just shows that hiking interest rates have little to no effect on bringing down the inflation rate. The root cause of inflation had not been addressed at all.
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fed needs the rate hikes to turn positive
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NB
UK is deperation mode accepts bad collaterals Repo.
(This post was last modified: 13-10-2022, 09:46 PM by
singlon.)
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Sgbuffet is our Mr Genius !
Dow slumps more than 500 points after key consumer inflation reading is hotter than expected
https://www.cnbc.com/2022/10/12/stock-fu...-data.html
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(13-10-2022, 07:37 PM)sgbuffett Wrote: So far inflation numbers has driven market down after its release as these numbers are worse than expected
Fed rate hikes takes 3-6 months to have effect of bringing down inflation. Because of this, it is a common repeat mistake by the Fed to over tighten and cause a recession.
So most experts expect more downside for this market and recommend selling first to buy back at lower price.
![[Image: 3pv3dtn.png]](https://i.imgur.com/3pv3dtn.png)
Dude don’t need expert to tell u, I have been asking u many times to sell first then buy back too. Also told u Hsi will break below 17k
(This post was last modified: 13-10-2022, 09:47 PM by
Zannn.)
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(13-10-2022, 09:25 PM)winbig Wrote: After hiking so many times, inflation hardly budge. It just shows that hiking interest rates have little to no effect on bringing down the inflation rate. The root cause of inflation had not been addressed at all.
The root cause is the unrestrained printing of money.
.
(This post was last modified: 13-10-2022, 09:49 PM by
webinarian.)
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(13-10-2022, 08:32 PM)sgbuffett Wrote: Crashing now
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(13-10-2022, 09:47 PM)webinarian Wrote: The root cause is the unrestrained printing of money.
.
I think that is just part of the root cause. Ukraine war, zero covid disruption to supply chain also contribute.
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(13-10-2022, 09:22 PM)sgbuffett Wrote: Yeah market havent even open yet.
Will just get worse ....
Traders can make some easy momey by going in and shorting
Ah butt you Zhun ma don’t driving lau auntie Lau ah Pek here to holland
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(13-10-2022, 10:09 PM)cwc29 Wrote: Ah butt you Zhun ma don’t driving lau auntie Lau ah Pek here to holland

You listen to this reverse indicator ah?
Mkt opened and it shot up, instead of plunging down further
You like to go holland is it?
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(13-10-2022, 09:22 PM)sgbuffett Wrote: Yeah market havent even open yet.
Will just get worse ....
Traders can make some easy momey by going in and shorting
If they listen to you, all got whacked as mkt retraces back up upon open
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nice drop and rebound
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another dead cat appears. let's see will go away later
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As usual, it retraces to cover the gap to last close
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