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Re: ashy2classy post# 34104

Friday, 11/22/2019 1:40:31 PM

Friday, November 22, 2019 1:40:31 PM

Post# of 37930
Not really, halve of these contributors are opposite of what the other half believe and back in politics.

I voted for Obama and this last election voted for the Donald trump.

That was a tweet by Halrado Rivera and the others were copy/paste tweets Chris C.

Chris Ciovacco
@CiovaccoCapital

Noteworthy is the fact the major cyclical S&P 500 low made in 1962 has never been revisited.


https://twitter.com/CiovaccoCapital/status/1197893801995591680?s=20
Chris Ciovacco
@CiovaccoCapital
Video will provide some historical context to the concept:

"America's best days are behind us."
7:40 AM · Nov 22, 2019·Twitter Web App

"Most indicators are rolling over and saying we are about to have a correction of more than 5%.

My intuition says the Fed is not going to allow a big correction before the election. they can do that, as long as the economy does not sink into a major recession.

They are propping up the wealth of the 1% at the expense of the lower 90% of the economic ladder. This has been going on since at least Reagan, probably a lot early.

Bottom line: If tariffs on EU or more on China in mid December, even the fed might not be able to stop a correction of 10%, but until earnings roll over, the market will keep going higher until next summer at least. "


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