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dexprs

08/28/22 11:15 AM

#102515 RE: rwwine #102514

You are welcome. I have added a little to my portfolio since this was down 1000 point and when the DJI dropped at least 500 points in the past money could be made on a smart buy.
However, I will see what Monday brings, since we are very likely combining the September Swoon and the Powell speech into an early drop. It could easily could go much lower from here.
On the other hand if the Fed next month hikes only 75 bp the market could take it in stride and may even bounce. I am not so sure about a100 bp hike.