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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.36
(
-0.48%
)
Bitcoin
56,523.48
(
-3.05%
)
Post# of 110745
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cgavin5

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cgavin5

Re: dexprs post# 83314

Thursday, 04/30/2020 1:50:04 PM

Thursday, April 30, 2020 1:50:04 PM

Post# of 110745
No surprise there. I stated the same observation to my girlfriend last week. Figuring it's either the franchise gas station owners or edicts by oil companies to (price fix) keep gasoline prices higher. Certainly can count on more taxes at the pump going forward too. Big price inflation coming after this recession.

Maybe a bit of good old 70's stagflation. After all's said and done can interest rate increases be that far behind in this scenario? That's going to be much further out, but possible.

P.S.- out of DOw at $36.90- 0% gain/loss.

Not happy with price action. No point in cost averaging. Cash is still king. Buy and sell with quick profits still the method of conservative choice.
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