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Discussions on developments, which can move the market in certain directions
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TOPIC: In Dow terms

In Dow terms 01 Feb 2020 14:20 #13450

  • myownhedgefund
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27750 and 27500 areas look like reasonable targets near term but China will open first and supportive government intervention is expected for their markets.
We shall see.....
Case #8 in the USA reported, this time in Massachusetts

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In Dow terms 01 Feb 2020 15:17 #13451

  • Wall Street Titan
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The big problem with this virus is the lack of symptoms for up to two weeks while still being contagious. As a result, I believe it will difficult to contain this from becoming a worldwide epidemic. I've lightened up on equities for the last couple of weeks. Opportunities to buy cheaper seem likely.

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In Dow terms 02 Feb 2020 05:23 #13455

  • rodney.strongg
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Any significant reduction in the DOW will come from an economic slowdown that only in a minor way may be causative by the Coronavirus - it is being over-played by the Media as they have a custom of doing these days - more importantly, there have been a recent spate of
weaker economic numbers that suggest a slowdown is possible - one of the more serious has been the unprecedented 14 day stretch of lower copper prices.

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