Hopefully, yet that old adage applies, "You cannot fight the Fed." The banks and their paid analyst are predicting 1150 or lower so reality sets in, it will occur. Myself I'm wrong every time I disavow what the Fed wishes. Don't you see all the negativity ads from these folks of late?
Agreed with you now. Fighting market tape is useless and frequently money-wasting endeavor. More specifically, if any gains in PM positions somehow materialize then locking in profits is just too tempting and bear market rallies are short-lived.