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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (153769)	2/13/2021 10:26:57 AM
From: the longhorn	2 Recommendations Recommended By GROUND ZERO™ Katelew Read Replies (1) \| Respond to of 222945

Yes, I understand. Was joking a bit. A few things though, to keep in mind. Savings levels are high right now. Folks haven't been going out to eat, taking trips, etc. People are sitting home with cash and with time on their hands. Stocks are in short supply...companies have been buying back for years. So increased activity from retail investors in the market. I saw this at a wedding I was at recently...number of young relatives talking about stocks and following the action on their phones. Price action reflects this. It's easy to invest with the modern gadgets at hand and young folks are pretty hip when it comes to using their electronics. I was showing my daughter stuff the other day and was impressed with the amazing things they can do with their phones. (Mostly I just make calls on mine (g)). The younger generations can plug in and move money around a lot quicker than our peers can/do. Other than some Reddit boys goofy buying, I don't see signs of lots of nonsense companies flying high...like in the dot.com bubble. Not yet anyway. We are seeing an emerging explosion of new technology. The chip market reflects that. World wide inflation is coming. I watch the BDI. It's showing signs of breaking out. World economy is on the move again. China back driving a surge up in commodity consumption. (They are now importing grains from us like crazy!) World wide inflation happening. In Albq here now houses are selling in one day..dumpy, crime ridden Albq. City of over a million. Available housing stock less than 900!! It's not that bad, actually but I never thought it as a prize. Happening all over...probably by you too. People fleeing the big cities. Other than blue state places, mostly on the coast., a lot of places are booming. Trump started a lot of stuff that's not going away anytime soon. One last thing. These hedge funds appear to me to be often run by a bunch of real a'holes. S#*t for brains clowns who don't belong there. Their performance records are terrible. The best they can do is short??!!! They are being exposed. Taking those puss filled sores on the body of the market out...is good for business too. I don't know if this contributes to the move up. I think these squeezes resolve in upwards pressure and the clients of these loser operations are going to be demanding changes. I watch the bull/bear indicator and the fear/greed index. We have a ways to go, I think. Anyway, my take. Overall impressions. You can probably shoot holes in this but overall we got good times here. I like it. I am going to start setting stops pretty soon...hang onto gains Ranch time. Have a great weekend...a three day'er! lh