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10baggerbamm OP : powell just created inflation as a result of his comments with the 10-year doing what it's doing people that were planning on refinancing their house it's not going to happen that puts him in a worse position financially because they're not going to have that extra discretionary income that ordinarily would have become available as a result of refinancing at lower rates credit cards are going to go up not down so he just screwed the middle class royally
104642775 : Can we enter the market tonight and bet on a rebound?
10baggerbamm OP 104642775 : you can do whatever you choose to I mean you have to understand that there's going to be a slew of limit orders to sell ratcheted down much lower tomorrow than what it was yesterday. this is going to put pressure across the board on a lot of stocks because people are going to want to lock in profits and take their losses before the end of the year.
as of right now there is a bounce back happening how long it lasts time will tell because I think you're going to see a lot of people turn bearish which is fine.. you're going to hear a lot of these people on TV talk about the uncertainty because pal use that word multiple times as he was intentionally crashing the market because the market does not like uncertainty.