Monday, September 13, 2010


We will approach one key level this morning, futures point to 10 point plus gain on SPX's. Price has risen above the 200 twice before only to fall back, albeit higher lows near 1040.....but you can see why I say a flattening MA is not supportive to price....

You have a concerted world effort to reflate the debt bubble, where private debt is replaced with GOV spending leading to money out of thin air and larger gov deficits.
It's game that Doug Noland(Bubble Thesis at credit bubble report) says can't be won, it's exact end game much harder to predict as THEY ALL try to PROP markets UP.

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