I think they're trying to go for a soft landing,... or at least,.. even if a Recession does come, they wouldn't want to be held accountable.

I was telling some fellow passengers in the plane,.......

1) If Mr Powell gives favourable news tonight, then news have leaked-out all over the world that the Feds is going to adopt a wait-and-see approach after this.

2) If Mr Powell continues to say : "we're going to keep at it" tonight.... then all of us got it wrong !!!!!!

3) And finally, if Mr Powell says,... we'll continue to be data-dependant", then,..

I still believed in the SGD. I'll continue my campaign there. In the last few days, the major US Indices have closed lower now and then,.. Futures bounced up and down,... BUT the SGX has been climbing.

The SGX does not seem to be following the US lead,...

Tonight,... Mr Powell will hint that The Feds will open the door to a downshift,... but not to have an easy monetary conditions yet at the present moment !

The 'downshift talk' is the one jacking the mkts up off and on.

Bros,... I sat up last night and watched everything,... I looked at his face,... and the faces of the media personnel asking questions.

Mr Powell the rates must continue hiking but,.... he too reiterated more than once, there must come a time to stop, and he said he has mentioned this many times earlier.

I think,.... some mkts may not fall this momirng even after the falls in the US Indices early this morning.

I got no data or logical analysis to backup my words above, bro,... just gut feel from years of 'meditating in front of my notebook, in front of my Bloomberg terminal, and sitting quietly in my office dreaming',........

One thing I know is : the mkt always gets it wrong,...so, I might think of doing the opposite...

Thank you, bro,... this gives me more confidence to believe in my predictions,....

The mkt today is hard enough,...

Averaged-down on Mapletree Industrial Trust today,... queued 2.14 at 11.30 am,... at that time, the price was swinging betw 2.16 and 2.17,... then at 4.44 pm, I got the sms'ed text in my phone,... matched,...

I'm still green now,...

AT 23% green now,... but many ctrs are in the red. The only ones holding me up are UMS, Parkway LIfe REIT, DBS, Mapletree Logistics Trust and Frasers Logistics & Commercial Trust. All other ctrs are RED....

I think lowest today was 1.12,... ,... too bad I couldn't catch at this price.

Off the top of my head, SGD tracks USD's performance. The thing to watch for now is how much will the SGD hold against the MYR now,.... This day will come after the SGD has run-up. The secret lies in whether the SGD will weaken all the way down again.

I think the above happened during pandemic times back in 2019 or 2020, right ? Or they straight-away decreased 'this mth' after increasing the previous mth...

I was the first to request for a list of affected ctrs from Tigers,... it is interesting that this discussion is only starting to take place here today. I believed all listed partnerships originating in the USA will be affected.

Tiger Brokers will be as unsure as you and I are,... I think, Tigers will just want to avoid any ctr that is uncertain. You can chk with Investor Relations of BIP if you wished to,...

Then you'll have to trust your knowledge and experience to help you decide on the next best course of action, bro,.... Frankly,.. if your current profit position is above 10%, can hold... Otherwise,... take profit or cutloss,...

15% to CRA,... the new PTP law for the IRS.

Yes,... I am one of them,... my pair is AUDJPY, a few tranches held for many months and rode the up-swing. Then taken profit tranche by tramche,.. and I sold my last tranche a few weeks ago. But,.. still sold too early,...

Could have caught a few more pips, which are valuable to me because of my big amt,.. and very high leverage,...

But okay-lar,.. need to be contented in life,...

So,... no more 0.25 bps on Feb 1st ??? Since he's sick,....

Emm,... I like your theory,...

How are you able to hypothesize that this set of data (for December 2022) has been miscalculated ? What is your basis ?

Our discussion in the above is flawed. I shld not be talking abt December,.. shld be talking abt January numbers for additional jobs created under NFP. And the number for December was also under-reported,... it shld be 226k (if my memory serves me right),....

So,.. the number of jobs created are flying.