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I am typing this as Powell has just begun speaking. God knows what his words will do. Sometimes he can destroy the bears with a well-turned phrase. I’m keeping plenty of powder dry; I’d rather push forward near the close today. I am also keeping an eye on the line at 1790 on the /RTY, which seems to represent an interesting support/resistance level. As I typed these words, it jumped above that level again, which isn’t reflected in this static screen shot.
Just marking time here, people. You know the drill. Lovesac (symbol LOVE, which is an awesome ticker) is one I’ve got oodles of puts against.
Anyway, this will be my last post as I go into my FOMC bunker. I’ll see you in the future.
With THIS kind of talent (and what a sausage-fest!) you’d think they could set the business world on fire:
