nnuut
Moderator | TSP Legend
imported post
At least someone agreed with me! :^
You may do well using me as a contrarian indicator, have at it!!
Think I may stick where I am for Tuesday, lets see how she holds today. There should be a downturn at the end of the day due to the long weekend, but everything else looks up.
Hogan characterized heavy selling Thurday after the Federal Reserve put in place another quarter-point rate hike, and signaled its intention to keep raising rates, as "inexplicable."
"The Fed didn't do anything that it hadn't signaled it would do," he said, predicting that investors will return to a more rational and positive frame of mind on Friday.
On Thursday some investors reacted negatively because they had hoped for a hint that the Fed will back off its tightening cycle.
At least someone agreed with me! :^
You may do well using me as a contrarian indicator, have at it!!
Think I may stick where I am for Tuesday, lets see how she holds today. There should be a downturn at the end of the day due to the long weekend, but everything else looks up.
Hogan characterized heavy selling Thurday after the Federal Reserve put in place another quarter-point rate hike, and signaled its intention to keep raising rates, as "inexplicable."
"The Fed didn't do anything that it hadn't signaled it would do," he said, predicting that investors will return to a more rational and positive frame of mind on Friday.
On Thursday some investors reacted negatively because they had hoped for a hint that the Fed will back off its tightening cycle.