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Wednesday, December 14, 2016 4:00:40 PM
But Yeah, I didn't bank on the FOMC to use such strong rhetoric today. The 1/4 pt increase was as expected, but the market data & language by FOMC is being viewed negatively by stock market--- helping $RUSS.
It's always an uncertain 'gamble' before the FOMC meetings (& 'Minutes' meetings) as to what may happen.
It's my big time F'Up not holding or for not re-entering quickly on this one.
We'll see how market reacts yet after today, however.
In terms of FOMC today with $GOLD however, it's getting hammered along with $JNUG. So at least that's good for those of us that have been watching it for a while, and not touching it before FOMC meeting... And glad I waited!
Shaping up to be a nice opportunity fairly soon.
The Data today in combination with the FOMC strong language for Rate hike expectation possibilities in 2017 really hitting Gold for the same reasons as the stock market's reaction right now (to sell stocks today in afternoon, for the time being)
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