ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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

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ajtj99

kimberley

To: Jacob Snyder who wrote (58946)	6/14/2022 9:16:44 AM
From: Jacob Snyder	2 Recommendations Read Replies (1) of 97332

Recession next year is now the consensus. The debate is whether the Fed will be raising by 50, 75, or even 100bp. Fear-Greed Index at Exteme Fear. cnn.com QQQ has been bounded by 25dsma +/- 10% since the ATH, and we are near the bottom of that range. schrts.co I doubt we have seen the low for the year. I’m guessing 50% chance of recession in 2023. But on the way down, we have had, and will have, some big bear rallies. At current prices, there are some stocks I like for LTB&H. So I will be buying: XBI, the shares I sold at 90 in March IVPAF, the shares I sold at 8.1-8.5 earlier in June INTC, which I have been buying from 46 on down (no rallies to sell into, since I began buying at the end of April). Maybe NU at 3.3, where it bounced twice in May.

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