I was considering some intraday trades like selling FAZ at a profit and buying FAS just for an intraday market bounce or maybe selling UVXY and buying SVXY, but I just honestly can't bring myself to do it with all of the weight of probabilities on one side of the scale and what I'm certain will be an intraday move on the other, but how long, what surprises might pop out as we get more and more in to the volatile area of the market where Wall Street does everything it can to make everyone wrong.
I think there are some opportunities if you have the risk tolerance and the ability to be right on top of these, I just can't justify taking the risk.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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