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Thread: Rod's Account Talk

  1. #1897

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    Arrow Re: Rod's Account Talk

    Nice short covering rally into the close. But, who knows what Monday will bring. Keep both eyes and ears on The Fed. It is truly in the driver's seat.

    God Bless
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  3. #1898

    Default Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    Just as I said... omicron will eventually begin to pop up in other states. Now, will Mr. Market react to the second US case of omicron in Minnesota?

    https://www.cnbc.com/2021/12/02/minn...ed-to-nyc.html

    already proven it has mild sickness or nothing, but fear and control are in play and money to be made by ceos, politicians in control

    https://academyofideas.com/2015/11/f...ocial-control/
    "Our Constitution was made only for a Moral and Religious people. It is wholly inadequate to the goverment of any other." John Adams 10/11/1798

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  5. #1899

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    Arrow Re: Rod's Account Talk

    Quote Originally Posted by Valkyrie View Post
    already proven it has mild sickness or nothing, but fear and control are in play and money to be made by ceos, politicians in control

    https://academyofideas.com/2015/11/f...ocial-control/
    It's too early to tell just how severe it will be. Time will tell. But, this sell-off is more about a lack of confidence in The Fed than omicron.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7


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  7. #1900

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    Default Re: Rod's Account Talk

    I surely wouldn't trade around COVID which has been a political issue from day one - globally.

    Among 70 cases reported in Europe that included information on disease severity, half of the patients had no symptoms and half had mild symptoms, according to a report on Thursday by the European Centre for Disease Prevention and Control.

    There were no cases of severe disease, hospitalization, or death.

    In South Africa, where the daily number of reported COVID-19 cases doubled on Wednesday to 8,561, symptoms for reinfected patients and those infected after vaccination appear to be mild.
    https://www.reuters.com/business/hea...ss-2021-12-03/

    Omicron was a trigger for something bigger, that being de-leveraging on a global scale. Evergrande, crypto, and options trading in meme stocks are just broad examples. Many of those meme happy stocks are down 50-80% since February/March, well beyond a bear market. How much spill over will that deleveraging have in the major indexes?

    But don't let a good crisis go to waste. Many county supervisors, governors, and higher ups have enjoyed actually having some power and will be more than happy to extend some of their theatrical ideas during Christmas.

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