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DOW
remo wrote: From what I heard Americans have to pay for a test for corona...Surely people ain’t going to bother so likely to be worse than they realise in America...
I’m short on Dow and long on gold....
Hey Folks, I hope you're all staying safe. And for those trading this baby, hats off - you're all legends in my eyes!
With regards to Remo's remark (above) - here's an extract from Donald Trump's favourite "paper", the Washington Post
The race to curb the spread of the new coronavirus could be thwarted by Americans fearful of big medical bills if they get tested, low-income workers who lose pay if they take time off when sick, and similar dilemmas that leave the United States more vulnerable to the epidemic than countries with universal health coverage and sturdier safety nets.
So, it could dicey in the US; moreover, consider this: if the above message is capitalised on, it could pave the way for greater support for Bernie Sanders - which a large number of the "1%" and Markets dislike greatly.
If things (based on the above) gain momentum, Sanders' policies will get more traction, and it will be a straight shoot-out between a "healthcare for all to defeat Corona" message vs "Healthcare for those who can afford it and the hell with the rest" slogan.
It could be a wild ride, and there's more than just markets riding on the outcome in my humble view.
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A.) Gold ( perhaps an ETF?)
B.) The DOW long or short
I have an active iii trading and share ISA account and I don't really want to open an IG index account and lose lots of cash like 64% of all their accounts
cheers
Ade
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I’m short on Dow and long on gold....
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uk.advfn.com/p.php?pid=chartscreenshotsh...r4yO1vDcMDL5jgh4g%3D
looks like the rsi hit resistance yesterday....and will fail to break out....
no clear direction atm....so lets see...
www.bbc.co.uk/news/world-us-canada-51740706
i think things are a lot worse than many countries are telling us imvho....
the cash strapped Americans wouldn't release $8 billion if they don't expect a war....but hey wdik...so lets see...
atb, wdik, dyor,
trendfriend
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i'm staying short....closed one position...but keeping the rest....lets see...
atb
trendfriend
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