Stocks Bounce Higher After Pelosi Comments

Source: https://www.zerohedge.com/markets/stocks-suddenly-plunge-2-week-lows
Published: Oct 22, 2020
Author: Tyler Durden
Post Date: 2020-10-22 14:08:42 by Horse
Views: 218

Update (1055ET): House Speaker Pelosi began her weekly press conference by saying that "progress has been made this week" and adding that she believes "we are just about there" on the stimulus deal.

That sent stocks higher...

But it appears some algos have got tired as the bounce is not very impressive...

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#1: TommyTheMadArtist    To: Horse (#0)

We are not going to see that second stimulus. Here’s why.

A lot of people like me have been preparing for what is the inevitable clash of ideologies. Left vs Right. The leftists are going after everyone who supported Trump regardless if they win, and if they lose that guarantees violent protests the likes of which we have never seen. If we the unspoken majority are caught in that violence, we are largely prepared for everything. However there are a lot of people who may not have been able to financially prepare and those people are going to be fucked without that stimulus. That extra 1200.00 if spent right could carry a person through a very difficult 2 to 6 months in the way of food and water. They may need a gun, or ammunition to add to their protective cache. The more people who cannot stand on their own, or cannot defend themselves will be forced to take a knee to the leftists or the government. The leftists know this and are making sure that they have power regardless of the outcome.

This is why every patriot must have a to do list and make sure they are prepped and ready for any and every contingency. Over the next 10 days I am hopefully going to have the ability to bug in, and when things get hotter, bug out. I am not about to be stuck here in No White Man’s Land.

TommyTheMadArtist posted on 2020-10-23 05:05:51   Reply   Private Reply