Replies to post #160220 on SPDR S&P 500 (SPY)

[risk on]

"Wait a minute, that means the fed will kick the can again! Buy! Buy! Buy! "

But the last can kick caused s major sell off from 202+ intraday on the day of the announcement , all the way back to the solid body of the whopper DOJI put in on that Monday in late Aug.

Its really bizzaro world w the Fed anymore , as it used to be " bad news is good" but now , good news is bad , as seen in the previous recent can kick announcement .

???? Is s I can think, who knows how the market will react to news anymore. Crazy Town

[imiloa]

except fed can kick now means sell-off, viz sept FOMC aftermath.
perhaps because the market is finally acknowledging what a can-kick actual means:
that the markets are on life-support...

re: calls on VXX movement, nice read on that.
i went calls early, too.
foolishly let myself get shaken out due to my perception of job report impact.

nutshell,
a) i don't think can-kick implies rally anymore.
b) impossible to know how the market will react to any news.

re: b) fwiw, i believe this is true due to broad daylight manipulation.
ie: when everyone thinks the market will crash
sucker them in
then run it the other way
laughing all the way to the bank...
esp because you are the bank...