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Originally Posted by supernova
I agree, COVID cases in US seem to stabilize and drop, also haven't really heard any vaccine news for while so think there is going to be some new news media will jump on causing for more hope (even though I think vaccine is still far out).
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One thing to think about short-term is the 6-week lockdown in Melbourne, Australia that was just announced and the uptick in cases as schools report teachers / kids getting COVID and having to close down again.
https://www.foxnews.com/us/georgia-s...ng-coronavirus
I don't think we'll close down here, but any thoughts of a sudden return for the cyclicals would be a bit soon.
My strategy there is for LEAPS expiring in 2022...hoping we're back to "normal" by then and buying LEAPS here at least takes advantage of the lower stock prices without tying up too much capital that can be used elsewhere (e.g. big tech for me).