Seems the concern is once vaccines are out, federal reserve will say money printing/ super low interest rates arnt needed anymore and increase the rates again. Which needs to happen eventually but gonna rock the market in the short term.

This post was edited by obisent on Feb 23 2021 09:19am

I highly doubt this happens. We as a country are in deeper debt than ever and the economy is still floundering. We just had unemployment go back up again unexpectedly. If they start to raise the IR right now it's going to kill both the economy and the markets. We need inflation, and it's coming if we look at how fast the 10 yr is spiking, problem is it's happening way too fast. The only thing fed can really do right now is announce yield curve control to slow how fast the rise is.

Just a side note on FB. It's pretty telling when all of the mega-cap tech is down significantly and FB is actually up for the day. To me, this says the market sees it as value and it's not dumping it compared to other tech names. Kind of reinforces my thesis of buying FB a few weeks back.

This post was edited by ofthevoid on Feb 23 2021 09:22am

I was thinking they’d raise it to a point below pre Corona but higher than it is now, defiantly not right now but once majority of population is vaccinated and we have full reopening.

Grats on the calls at the bottom btw, I just watched it go red, going to do some buying today.

This post was edited by obisent on Feb 23 2021 09:39am

like void i finally have apple. only silver lining out of this.

Sphincter kinda started tightening on ZOM. Glad it's on its way back up lol.

bro my sphincter tight af tsla zom btc mrna roku

ive lost a lot in unrealized the last 3 days lol

This post was edited by Bazi on Feb 23 2021 10:16am

killed it all weekend then got stuck on a btc swing trade WAY too high. o well. time for a break and ill pump my binance account for long holds to keep me busy a few times a day when its dips LOW.

famous words my daddy

Add TSLA. Retards gonna get stimulus checks soon.

oh she's comin back lol.

im convinced its whales dumping trying to play the whale watcher sites by putting big numbers up on the exchange watches, then they just push it into multiple smaller wallets and buy at a huge dip.

next they'll 4d chess, do the same thing, but then sell off of a big spike when people think they can beat the whales.

anyways bull season still very much in session. until it retraces to pre-elon tweet levels im not bearish. just going to take it easier on alt coins, stopped buying link and ada for now. as well as eth. binance's BNB heist of eth code has me less bullish on it long term than i was a month ago.

BTC tho still going to 60-70k before the bear market sets in, at least. my goal is to be entirely in cash by 60k just in case. then MAYBE ill string out some bets on rebound on the way down, but i wanna be full in cash for the next bear bottom. hell if i could buy 30k BTC in 2022 i think that might be it.