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Re: Nebuchadnezzar post# 7642

Monday, 09/13/2021 11:01:56 AM

Monday, September 13, 2021 11:01:56 AM

Post# of 7898
True and agree most part. Stimulus gave money in peoples hand instead of politicians, which propelled the market once Vaccine was available we zoomed. Now delta is causing fear again but 70% population is quite safe.
Market will get rid off weak hands by correcting 10% off or shaking by 25 %, after every war ending 25% pull back is possible.

Here one thing against that normalcy, we were spending $ 300 Million every day in Afghanistan which is credit to Mr. Trump who stood against Military Industrial complex and said enough is enough, (Yes Yes Biden did follow through) that is a big shot in arm for USA to come back and be a strong power again it will reduce deficit fast. We are already realizing that all cheap labor is not in national interest case in point is chips and goods shortage.Therefore more factories will comeback here. So if public realize that time ahead would be better, than 10 % is max we are getting.
Many stocks have already corrected 25 % by the way.
I trade for 1 to 2 % a day so for me most things work out.

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

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