Salvation on its way finally!, page-107

The miraculous resurrection of a few of my spec positions, and 100% gains from oversold shorts has enabled me to cash out and rotate further capital into defensive assets like ALF.

l have a number of orders for ALF, yesterday 85.5c triggered my highest priced buy order.

Expecting a 15% - 25% correction upwards where l Will continue to sell down all equities (except maybe some gold positions).

The relief rally currently in play is standard market behaviour especially where market sentiment and speak is so absolutely positive to return everything "back to normal" after the virus is beaten.

Good luck with that.

ln 6 to 9 months possibly after the US election, l expect the Dow to test 16,000 and All Ords around 4200.

Most opportunists will have tipped in their cash and be tapped out, and reduction in corporate earnings will be more clearly quantified.

I expect the equity landscape to be severely damaged and confidence of a goldilocks recovery dashed. Retirees will look to preserve capital rather than risk it, introducing a whole new cycle to the bear market.

l expect within 12 to 18 months ALF will have delisted or re-rated and l will happily take $1 per share or higher in cash please.

l am always conscious when l see things so clearly l can be wrong, but when others see things so clearly different, my confidence in all l have learned over 40 years plus rises.

These are incredibly interesting (and currently profitable) times, the igniting of MMT and massive stimulus and the precursor to the great global destruction of capital, as nations de-globalise to survive.

My timeframe is 3 years until the debt jubillee talk begins.

GLTALTSH