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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: yard_man who wrote (73469)11/6/2022 6:16:30 PM
From: Lee Lichterman III2 Recommendations

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ajtj99
skier31

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Spike in commodities was rumors of China opening back up. If it would have been true, it would create demand for oil, copper, iron etc. This would also be VERY inflationary. It turned out over the weekend to not be true. China will still lock down every time they get Covid cases.

At the same time, the dollar dropped hard Friday. After climbing from 110.50ish to 112.50 the last couple weeks, it reversed Friday from 112.5 to 111.0. Down dollar makes everything more expensive, commodities, stocks etc.
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