OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Captain–I am holding…I heard on Bloomberg that the real reason stocks sold off was a line

Posted by Richard640 @ 16:08 on February 7, 2020  

in a FED statement today that the FED  thinks that asset prices are styretched bacause of “low rates”…which traders took to mean don’t look for more rate cuts…but we all know the FED will do anthing it can to save the stocks mkt…the virus played an equal part too…then the most bearish feature of the day IMO is the uncomfortable fact that stocks had a fairly big down day in spite of the great jobs number….plus bonds are strongly bid…had stocks been down 600+ today then I’d be worried about Monday…one can never be sure but the action today-again–JMO–makes me thing Monday could come in down bigly…I sold 100 cals-still have 200…

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.