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Only a Fool Tries to Call a Correction in a Bull Market, So Here Goes! Martin Pring


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#61 12SPX

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Posted 26 January 2021 - 11:24 AM

Sure feeling that with the price of groceries, vegetables right now, oh ya grocery prices arent really inflationary lol!!! 



#62 12SPX

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Posted 26 January 2021 - 11:51 AM

Profit stop 3845, will sell above right away! 



#63 pdx5

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Posted 26 January 2021 - 11:58 AM

Death and inflation...

 

 

"bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices and signaling a rise in inflation in the months ahead."

 

 

Death and Inflation... those 2 are ubiquitous. I can visualize US dollar at 50 cents purchasing power in 10 years.

Taxes can go down once in a while, but inflation is unrelenting. Printing money is very hard to resist for politicians.

Speaking of death, I was born 10 years after my closest sibling. Now all  in family are gone except me.

My closest friends are gone as well. Oh well I should be happy my 81st birthday is coming up without any health issues.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#64 brucekeller

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Posted 26 January 2021 - 12:23 PM

Sure feeling that with the price of groceries, vegetables right now, oh ya grocery prices arent really inflationary lol!!! 

Lots of things can inflate before the food does. Do they really want people to be THAT angry? Because that's how you'll get the poor people revolting. 



#65 12SPX

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Posted 26 January 2021 - 12:32 PM

Out for a 7 point profit, will sell higher!!  Good for you pdx, keeping in shape is great!  I'm thankful I'm in shape as Corona barely touched me when I got it and from the 23 people I know who have had it the 2 worst hit were quite out of shape and obese!  Makes for interesting talking points! 



#66 da_cheif

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Posted 26 January 2021 - 12:42 PM

Death and inflation...

 

 

"bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices and signaling a rise in inflation in the months ahead."

 

 

Death and Inflation... those 2 are ubiquitous. I can visualize US dollar at 50 cents purchasing power in 10 years.

Taxes can go down once in a while, but inflation is unrelenting. Printing money is very hard to resist for politicians.

Speaking of death, I was born 10 years after my closest sibling. Now all  in family are gone except me.

My closest friends are gone as well. Oh well I should be happy my 81st birthday is coming up without any health issues.

wats ur birthday...    ill be 81 on the 29th jan



#67 pdx5

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Posted 26 January 2021 - 01:03 PM

wats ur birthday...    ill be 81 on the 29th jan

 

 

In April close to tax day LOL


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#68 12SPX

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Posted 26 January 2021 - 01:38 PM

Yay, starting a short build at 3850 once again, 31 points so far!  Whew you guys are old lol!! yes.gif  They day that 80 is the new 50 though so long way to go!!  



#69 12SPX

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Posted 26 January 2021 - 02:09 PM

Off to outdoor tennis, will place a profit stop if we get there before the close and earnings reports but will resell above if hit! 



#70 OEXCHAOS

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Posted 26 January 2021 - 02:31 PM

This trader-talk guy will be there on February 1st: :

 

I have a special announcement regarding sentiment! Mark Young, CMT at WallStreetSentiment.com will be joining me in the free DP Trading Room on February 1st. He will talk to us about highly bullish sentiment and also analyze your symbol requests with me. I hold the free trading room each Monday at noon ET. It's recurring, so you only have to register once to have access every Monday. I demonstrate how I trade using 5-minute candlestick charts and we review stocks that are in the news, as well as your symbol requests, as time permits.

https://stockcharts....ically-226.html

Thanks for the mention!


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