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Coffee Shop
Dow Jones breaks 30,000
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<blockquote data-quote="Son of Butch" data-source="post: 1719881" data-attributes="member: 14585"><p>Healthiest horse in the glue factory. - good one <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p><p></p><p>Bitcoin's volatility has always scared the crap out of me.</p><p>12/15/21 48,400 today year ago 12/15/2020 19,400 up 149%</p><p>Great call by 4hfarms on Nov 25 2020 to buy bitcoin</p><p>BUT if you bought it in April 2021 at 65,000 - then it sux.</p><p></p><p>Gold has been disappointing; I was expecting a breakout over 1,850 as inflation hedge. I wonder if bitcoin has replaced gold as the inflation hedge.</p><p>Gold is at 1,768 and appears to be doing nothing.</p><p></p><p>S&P 500</p><p>4630 has been the key level of support the last few weeks.</p><p>If it breaks significantly below 4630 expect it will be key number in resistance.</p><p></p><p>S&P 500 seems to be like Tom Brady - never bet against either.</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1719881, member: 14585"] Healthiest horse in the glue factory. - good one :) Bitcoin's volatility has always scared the crap out of me. 12/15/21 48,400 today year ago 12/15/2020 19,400 up 149% Great call by 4hfarms on Nov 25 2020 to buy bitcoin BUT if you bought it in April 2021 at 65,000 - then it sux. Gold has been disappointing; I was expecting a breakout over 1,850 as inflation hedge. I wonder if bitcoin has replaced gold as the inflation hedge. Gold is at 1,768 and appears to be doing nothing. S&P 500 4630 has been the key level of support the last few weeks. If it breaks significantly below 4630 expect it will be key number in resistance. S&P 500 seems to be like Tom Brady - never bet against either. [/QUOTE]
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