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gdl

Followers 90
Posts 7408
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Alias Born 12/18/2012

gdl

Re: None

Friday, 02/10/2023 10:29:58 PM

Friday, February 10, 2023 10:29:58 PM

Post# of 1200
Not convinced we drop hard next week. Bitcoin is hovering at support still. Needed to see a more substantial rally and it is unlikely to occur Monday.
Plus the speech by Powell wouldn't have been made if he thought there was a data point coming out quickly with a spike in inflation. he used the disinflation argument again.

if the market recovered from the recent drop more convincingly and Powell made no mention of disinflation i would bet Monday night convinced we drop hard Tuesday. have no real idea and will probably not be proactive before the news comes out at 8:30 on Tuesday. Worse case scenario is the CPI is inflationary and the one hour before open is deep down and i bet anyway for a crash no later than Friday. It would diminish my return by a lot but that is the bet I would make even at absurd multiple (VIX).

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