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Friday, 09/23/2022 1:03:29 PM

Friday, September 23, 2022 1:03:29 PM

Post# of 727158
today may be capitulation day for the stock market....why?...Fed rate hikes already priced in as many brand name stocks making juicy lows today, after the S&P has hit a triple bottom... usually, as before, the market will rally...looks like Russia is losing in Ukraine, and its own country is rebelling against the adding of more troops...the market is down because the MM are covering their short positions put on since the stock market rise from 2020 Pandemic Bull run started in march 2020... they need to cover to start another Bull Cycle...the market will not advance higher until Brokers square up their short positions... Buying today?... I did at 39.54.. will sell covered calls on them as they rise...people will still make mortgage payments...dont let the shorts scare you... they want your coop shares... Lodas
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