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Well, it’s pretty clear that the Fed buying kicked in strong this morning. I got out of my shorter-term bearish stuff and am largely in cash now. Here are a few important indexes and their approximate ‘bounce points’ back up to resistance:
Part of Jim Greco’s meme tweet mocking haters of Cathie Wood, portfolio manager of the Ark Innovation ETF (ARKK).
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Meme via “Not Boring” by Packy McCormick.
