Focus Is on February After Fed & Tech Weigh on Stocks

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I talked about being bullish but cautious…but neither the OP nor my trading reflected that. 

I wrote about the tech weakness for the last three sessions, about T+1 and T+2, and that there were not going to be any March rate hikes. 

While I knew the selling was tied to the Fed’s outlook on rate cuts and the end-of-the-month walk away, I stupidly stood my ground. I have a very hard time switching from buying the pullbacks to selling the rips and the last few days have not worked out real well. 

Right away, I knew the lean was off but I continued to buy the drops and lost a fair amount of money doing it. I am aggravated with myself, but I’m also sorry I didn't come through. It's hard to rally the S&P with each of the Magnificent 7 down.