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Alias Born 10/11/2007

Re: remember my name post# 1728

Tuesday, 12/01/2020 12:35:43 PM

Tuesday, December 01, 2020 12:35:43 PM

Post# of 2963
I agree. Most are above water here and would have no reason to sell other than to lock in profits if they don’t feel there is further near term upside. I have plenty of carry over losses, so I’m good to play it anyway I want.

Regarding the mechanical event, I’m looking towards a trigger in the first Q of 2021. My guess it’ll stem from an electoral reversal or from an event shortly after inauguration such as a stimulus rejection. Each would have dramatic swings in various sectors of the market. This market is elevated and has plenty of positives baked in. It wouldn’t take much to kick the legs out. Any sort of set back pertaining to the virus efficacy and/or disbursement would create a further short term decline.
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