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Re: grasshoppah post# 375770

Saturday, 09/23/2023 9:44:52 AM

Saturday, September 23, 2023 9:44:52 AM

Post# of 386130
After the Fed meeting earlier this week, the market has been more on the rocks, a few of the Fed Govs have made not so positive comments, about them possible having to keep raising rates beyond just the next meeting, each time they did that the market took another leg down, if the market is still hugging the 150 EMA, and if another Fed Gov makes the same kind of comments next week, that could be all it takes for it to take another big drop,at this time the Fed most likely wants the market to keep heading south, to take more of the frothyness out of the market,that could help with the inflation problem, with people having less to spend, if they're investment accounts are getting hit hard, they just might cut back on over spending,and help with inflation situation.
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