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Mermelstein

12/24/20 3:16 PM

#81640 RE: blindman28 #81639

There's literally a fire hose of liquidity being unleashed on the market. You'd be stupid to trade against that.

I said back in March when the market was below 20k that we'd see new highs this year. It didn't take an Einstein to figure it out.

The difference between now and 1999 is that in 1999 you had the Fed actively trying to deflate the bubble. The exact opposite is happening now.

Rule #1 of investing is don't fight the Fed. Shocking some people can't seem to figure this out.
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littlejohn

12/25/20 12:06 AM

#81649 RE: blindman28 #81639

Most retirement funds by employees were

locked into the market to

start out 2020...

So that progression stayed

intact thru a pandemic...


In 2021, don't expect those

retirement funds by employees

to be earmarked for the market...


That would be an irrational

idea in an ongoing pandemic...


Funding choices move markets

more than swamp battle news...


So we watch...


Merry Christmas...LJ