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Re: aussiekevin post# 26824

Thursday, 03/04/2021 11:22:48 AM

Thursday, March 04, 2021 11:22:48 AM

Post# of 31769
Excellent interpretation of what is playing out by Aussiekevin and Rawsteel reflected in posts #26824 and 26825.

Company fundamentals haven't changed since prior to the spike back on January 6th, in fact, they've improved since then considering the raising of capital has been achieved. The future prospects of their business model and plan is still very promising.

The March effect. History of the markets reflect this time of the year being most negative. The last three quarters of the year of 2020 was exceptional for the markets. This sell off was in the works well before it happened and financial institutions were charting out their short positions well in advance. The investment news wires using the dramatic rise in the 5 & 10-year Treasury note yields are just camouflage. There's always a flip side to the old saying "a rising tide lifts all boats" and we're seeing it play out in the immediate. Once the correction has happened and the financial institutions start rotating out of their short positions positive news will start flowing again being directed towards the stimulus package. With 4th quarter earnings being so exceptional and the overall economy showing signs of a solid rebound, it will be a quick turn around for the markets. Patience is the key and always will be to amassing wealth in the markets.



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