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Gotta love revoking natural laws, like, I don't know,.....gravity.
Just look at the dollar, equity melt up guaranteed.
I just can't wait for the flat/better YoY data coming due to the base effect to the last years between QE1 and QE2 time.
There will be titles like, economy getting up, etc.
...this looks like a set-up from hell. My guess is equities dump, dollar rallies. Equity shorts jump on train ...and then...tomorrow or Friday, equities rally sharply. A 100pt up on the 500. Disclosure: no index equities possie but bidding large at 1178. Short Euro at 1.4445. So yeah am talkin' my book, but that is kind axiomatic I guess
...not 100 pips in 2 days of course, but over the course of...
yeah, feels like a slow motion melt up day
I don't believe it is a set up. If TPTB want to offset the bad days with a low volume melt up, they have to take advantages of low volume no news days. They have to capitalize on all opportunities with this much bad news.
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