FED injected a huge amount of liquidity to prevent a depression, but all it did was create a speculation frenzy. Similar speculation led to the 1929 crash, which resulted in a horrific bear market where people starved.

https://twitter.com/MFHoz/status/1354187779966705664

https://twitter.com/reddittrading/status/1354239730028834817

https://twitter.com/PuffDragon11/status/1354198769739259909

https://twitter.com/RetirementRight/status/1354198518227898371

https://twitter.com/RetirementRight/status/1354225552333279237

https://twitter.com/NorthmanTrader/status/1354178807197007872

https://twitter.com/NorthmanTrader/status/1354182800702922752

BofA Warns “Take Profits” Ahead Of Coming Correction

BofA’s technical analyst Stephen Suttmeier published a note on Monday titled “Correction risk increases moving into February,” point out that as January comes to an end, seasonality risks in February may suggest it’s now time to “take some profits…

 

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