MORE CHRONIC COMPLAINERS... EVEN ABOUT MAKING CASH OFF OF MY CALLS.

From Greg M

Lions…

I want to being this to your attention, and truly, you could not POSSIBLY make this up even if you tried.

So, we have been buying every dip that has come along in this market FOR YEARS!

As you know, I was suggesting that WE SHOULD HOLD OUR FIRE/KEEP POWDER DRY for about 3 weeks leading up to Fed. Monetary Policy Announcement. I believed, as I said repeatedly that the probability that this would be a “sell the news” moment would be high. (Yes the market did close lower the day of the announcement, but nothing dramatic).

What happened on Wednesday, AND I HAVE NEVER SEEN THIS BEFORE EVER! Is at exactly the SAME TIME that the Fed. made their announcement of a 50BP cut, the Fed. simultaneously released their plan to continue to cut rates not just for the rest of this year, but straight through next year as well! And BOOM! This stripped out ALL uncertainty AND PREVENTED A SELL-OFF. It was made clear to the market that the Fed. WILL CONTINUE to prop up the market.

On the day after the Fed. Announcement, the stock market TOOK OFF! Finishing markedly higher across the board with new record highs for the DOW and S&P500.

AS YOU KNOW. I said that WE WERE GOING TO BUY THE MARKET regardless of anything the day of the Fed. Announcement. (I said IF IT DROPS, WE BUY, IF IT DOESNT DROP, WE STILL BUY).

>>NOW I AM GETTING COMPLAINTS that even though the stock market put on substantial gains the next day, that me suggesting people should hold fire cost them money. ITS INCREDIBLE! IF these people bought the market on the day of the FOMC announcement, as I suggested no matter what happened! PEOPLE MADE CASH! And here they are complaining about it.

Is this what people have devolved into? CHRONIC COMPLAINERS even if they make cash off of my calls?

I literally handed these people cash, and they complain about it.

GO AHEAD…. TRY TO MAKE THIS UP.

(Read through some of the comments here, on this post below. Yes, some of those complainers are here). Lol…. wow. TELL THEM TO GET A LIFE OR JUST GO AWAY.

GM