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US Equities Give Up Friday 'Panic-Buying' Close Gains
A disappointing lack of massive monetary manipulation in China overnight (despite terrible data), has helped provide some impetus to the downside in stocks as the major US indices have now given up the gains in the melt-up from Friday's close...
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Trend is down
The Trend is your Friend. ie follow the trend
And off the cliff they go.....
Panic buy, panic sell. Who are these people trading the markets? We know Dennis Gartman's Scottrade accounts only have $300, but who else?
"global recovery" =
Deutsche Bank may eliminate 25% of its workforce, according to Reuters (28.97 -0.25)
http://www.reuters.com/article/2015/09/14/us-deutsche-bank-restructuring-idUSKCN0RE1GD20150914?feedType=RSS&feedName=businessNews
Not to worry. I'm sure the US indexes will find a way to close green today.
what no shemitah?
No shemitah for you! Come back, seven years!
wish we could get a count of how many zhers bought way out of the money put options thinking the market would drop 7777.77 points today.
there is still time, circuit breakers be damned!
Due to circumstances beyond our control, and the Federal Reserve Bank's manipulation, the Shemitah has been put on hold temporarily.
And the bottom has been ticked by another ZH "The sky is falling!" post.
Nice job.
Still bemused by Christine Largarde's
"Now I'm going to test your numerology skills by asking you to think about the magic seven"
"Most of you will know that seven is quite a number"
Preceded by " As you know I do as I'm told."
https://www.youtube.com/watch?v=QYmViPTndxw
" As you know I do as I'm told." BY SATAN!
Mildy down, all things considered. There should be much more selling going on. Appears everyone is waiting on the FED meeting.
Can't sell if there's no one to buy.