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Re: spartex post# 347373

Friday, 10/01/2021 11:59:02 AM

Friday, October 01, 2021 11:59:02 AM

Post# of 387277
LWLG still has probability of more pullback, right along with the rest of the market. There is a lot of selling over there and every time they push it up there becomes a stronger selling spree. I've just been playing it along with the sellers. Whether it's the company, longs, employees, or shorts, it doesn't matter, there is more shares entering. It broke through the little bit of support at the gap fill, and now it's bumping it's head on it as resistance. The best support now is the 8.55.

Doesn't matter if the Dems get everything, and the Market pumps and fakes that everything's fine now and smooth sailing ahead and create a upward spike. There is just too many elephants in the room, high price RE above most means, supply issues that have broken the worlds shipping system that won't be fixed any time soon, inflation, ignorance of health care issues, on and on. Just too much pressure. Some things just are going to break, as some things are breaking now.

All that will effect every thing and every stock, no matter what temp pumping of stock, etf, etc of price. I'm down to 20% of anything held (my self preservation mode which I haven't been in since the last Recession), just day trading or shorting for now, more work, but at least it's making money instead of having the risk that I don't want, and I can see this volatility continuing for some time right now.

“The markets can remain irrational longer than you can remain solvent.”
John Maynard Keys

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