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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
Lee Lichterman III
To: maitri who wrote (14659)1/8/2021 11:02:09 AM
From: The Ox2 Recommendations   of 96619
 
Putting money into people's hands, is helpful in the short run. We lost more jobs in December, for the first time in several months, but that doesn't seem to be noticed.

The length of food lines at the relief centers are not going down. At least 13 million are unemployed, with very little short term light at the end of the dark tunnel. Most major cities are encouraging people to stay at home, as much as possible and it's hard to envision that many people "job hunting" only from behind their computers.

If we even get a slight down trend, that lasts for more than 2 days, oh- but wait- the computers will jump in and stop that.

Trust the FED. $2k more is coming and it's all going straight into the stock market? Wishful thinking, IMO.

We'll see.

Don't fight the trend. But don't count on the trend to never, ever change.
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