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Friday, 10/16/2020 4:14:46 PM

Friday, October 16, 2020 4:14:46 PM

Post# of 37918
Looks like 3400 will be tested next week. I expect the market is expecting Biden and dems to sweep election and pass a massive stimulus bill early next year. So why worry about a short downturn in the economy until then? The fed will keep pumping until then.

We may bet a more nast correction here, so waiting until a real selling climax day before buying anything.

IN over 35 years of watching the markets, can say buy signals are much easier to spot than sell signals. So will focus on when to buy, instead of when to short. Only will short when is obvious market is very overbought, like it was on the buying climax monday.

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