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Re: Nebuchadnezzar post# 42617

Tuesday, 02/23/2021 7:17:40 PM

Tuesday, February 23, 2021 7:17:40 PM

Post# of 86152
I agree with the FED and liquidity. And when their tone changes we will have to see how the market reacts. You have to admit we have a new breed of investor in the market that has literally altered traditional view points. The most inflated tickets were hit the hardest today. Pot, tech, energy etc... and with that the rest of the market saw a pull back. 278 was my trigger on SPY. I bought TSLA at 680 and again at 630 not catching the true bottom. I don’t see any reasons yet for a larger pull back without some new “bad news” thrown in. Today was a big step with inflation talk swept under the rug. I see a sideways churn from here. And I see a great trade opportunity in TSLA. I have zero long term positions so my views of the market are short term. I agree eventually a rebalance has to happen.

Sorry for the long run on paragraph I’m typing and walking lol
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