XJO 0.39% 8,013.4 s&p/asx 200

Sat/Sun 27/28 June 5 min chart paradise., page-16

  1. 11,689 Posts.
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    I remain as bullish as heck and consider any dip as a massive buying opportunity. That's because the fundamentals, the economy and the virus are all massively overridden by market supply and demand forces.

    With interest rates at zero and government bonds returning next to nothing, cash has become toxic and the demand for stocks has become multiplied by a factor of 1000. The mother of all market meltups is coming!

    Besides that there are over one hundred vaccines under development and six of them are in, or have announced commencement of phase 3 trials. They only start phase 3 trials if the vaccine worked 100% for the phase 1 & 2 trials. Within weeks there will be 100s of thousands of vaccinated people in hotspots all over the world engaged in these trials. We only need one vaccine to work and the great market meltup is on!
 
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