Bull trap or bull market? What‘s going on? Are you taking profits or continuing to DCA in?

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likefunny
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Bull trap. Going back down when fed increases rates again. Take profit if you can.

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Yeah, priced in lmao 🤡

funny

Bull market back

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funny

Here’s where I’m at

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Yes, but throw everything that I just said about the timing out the window if consumer inflation doesn’t peak. Fed won’t go to step 2 (inflating debt relative to GDP) without confirming step 1 is being addressed by the action that has already been taken (reducing consumer inflation).

Expect a lot of volatility though. I think there’ll be a euphoric market spike fueled by traders that might look like a new bull run, but then the traders will take profits and we’ll have range-bound trading while volatility is high.

Profits? Most people are in loss unless you are a trader and sold on top and bought back

funny

Considering corporate profits are rolling in at an all time high and unemployment is less than 4%…wheres the trap?

Edit: oh this is the crypto bowl. Def a bull trap

You’ll have to talk to your fellow Deloitte colleagues and ask why your employer is making strategic long-term investments in the crypto space

funny

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