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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (13701)	5/13/2022 11:31:18 AM
From: Kirk ©	Respond to of 26438

What is "funny" is it has felt like CNBC has "promoted BA" since the 2009 bottom, celebrating its gains. Then when they started crashing planes at $446, CNBC "commentators" looked for excuses to buy. Me.... I like 75% off sales but I am far from convinced the bear market is over despite the rally today on yesterday's "bad news" from Powell saying the Fed may have to induce a recession to control inflation. That MIGHT be the catalyst for a tradeable rally for the nibbling I've done of stocks that are up already but... with the goofs we have in Washington DC and Sacramento, CA... I don't trust much. One bit of good news is tax collections last month were the highest I've seen in a LONG time. Probably people paying ETs on the huge gains in stocks they sold in fear this year as well as individual taxes on stock and crypto gains last year paid on April 18th. Stunning numbers actually.