Briefly
Days of selling bring MORE PUNCH and CONVICTION than days of BUYING.......rally effort may have already expired....
OVERSEAS markets hurting big time, some down 50% or more, Chinese mkt has yet to find a bottom...will it retrace ALL it's gains?
US $$ above 80.00 Resistance in AM trading, Gold punked again, HUI 258 level might give heave ho
I am thinking unwinding yes, and maybe signal of deflation.
Labor markets weakening, asset values not stabilized.....SUCKING IN ALL INTO A VORTEX
Dividend tax cuts protect ONLY THE WEALTHY and should be rebuked! Wealthy have shifted assets into dividend payouts and are taxed at rate of 15% !! WHERE is equality there?
WHat else can our gov or FED own in this purge?
D
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