Fed raises rates to 0.75%

To everyone's surprise, Thursday after hours the Fed raised rates to 0.75%! This is extremely bullish for the Dollar and extremely bearish for the market and commodities. As you all know I am short oil and gold.

I was so frustrated with today's market going up($110.50 was my target from last week), and I did mention in my last post that Thursday will be the "top" of this oversold rally...sure enough (like magic) there is a catalyst to my suspicions. Markets are going to get hammered!!!!!

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Since last Friday, for SOME reason I KNEW the interest rates were going to go up this week by watching the action of the USD, I should have made a post! Darn it, I'm so mad I didn't make one. It would've been an AMAZING call. I'll have to go back and read last week's journal to see what signaled the interest rate hike. I'll post when i find out. Stick with me guys! CHEERS!!!!! :)

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