Here is a new topic.
Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
So I guess the gist is that since they didn't take 'taper' off the table, the market doesn't like it? The market was expecting them to say full bore QE forever? I guess so.
ER
EricD
Rep: 63
Posts: 692
So if this "PTA" is good I would suspect they would want the 56 level quickly..
JI
jimkane
Rep: 3,058
Posts: 33,089
Here they come...
Ramping up the chart...
Get the funniest looks from...
Every bear they meet...
Hey, Hey they're the Rampers...
Ramping up the chart...
Get the funniest looks from...
Every bear they meet...
Hey, Hey they're the Rampers...
JI
jimkane
Rep: 3,058
Posts: 33,089
But... it could really start to struggle as soon as now, so be watchful.
JI
jimkane
Rep: 3,058
Posts: 33,089
Alright, I'll finish with a little visual. Make sure you look at all the posts and the timestamps. Look on a 1-min. This chart is just a guide for what I was saying. Look at it all. They do this all the time, but especially on a Friday when it sets up like this and is dead at the times of day this was.
Chart created on QCharts, courtesy eSignal
Chart created on QCharts, courtesy eSignal

