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The "European Close" Trade Goes For 5 In A Row

Tyler Durden's picture
Submitted by Tyler Durden on 08/28/2014 11:23 -0400



 

Yesterday's warning worked out as the moment Europe closed, US equities reversed trend... Today we are rallying once again into the European close - will we get 5 reversals in a row?

 

 

... Or like the TUESDAY Effect... will it be broken by widespread knowledge...

Charts: Bloomberg

 
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Thu, 08/28/2014 - 11:29 | 5153924 Latina Lover
Latina Lover's picture

I will bet on 6 closes, since  6 is a favorite number of the satanists.

Thu, 08/28/2014 - 11:32 | 5153937 PartysOver
PartysOver's picture

Twisted but true

Thu, 08/28/2014 - 11:32 | 5153939 Dr Strangemember
Dr Strangemember's picture

Buy the dip, dip!!!!

Thu, 08/28/2014 - 11:50 | 5153996 enforcer92677
enforcer92677's picture

When is the Euro close... 9am PST?

Thu, 08/28/2014 - 11:57 | 5154025 Lewshine
Lewshine's picture

Anyone besides Steve Liesmen who believes these "highly managed" pullbacks are anything but "Fed Theatrics" is delusional, in the highest regard. They drop it back 50 or so points in the Dow, ping it around 10 points up and down for four or five hours, then hit thrusters in the last part of the day. Its all about perception AND GOT NOTHING TO DO WITH REALTY! Same shit different day! 

Thu, 08/28/2014 - 12:02 | 5154046 knukles
knukles's picture

Waaaaaait.... Does that mean Steve Liesman is not delusional?
Lemme Google that....

wrapping hair around finger

Thu, 08/28/2014 - 14:27 | 5154974 jubber
jubber's picture

and of course European futures get dragged back up every time by this US rampjob, presently all of them are back positive AH

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