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#16
02-06-2018, 11:47 AM
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Opening lower, world markets lower (Asia 3-5%, Euro markets 2-3%), should find the bottom today.
Sell-off has been largely machine trading Average for market resets that exceed 5% is 12% Market ALWAYS tests a new Fed Chairman Wages year over year up 2.9% on Friday sparked the inflation fears Market has already priced in 2 Fed increases for the year, 1 or 2 more likely VIX at 49.21 - not good, but XIV (the inverse) went from 99 to 15 in after hours which is a very good sign. Futures are all over the place, down almost 700 one minute 400 the next. Please put your seats in the upright position and fasten your seat belts, this will be a bumpy landing but a GREAT opportunity to buy into certain stocks at a huge discount!
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Some guys they just give up living And start dying little by little, piece by piece, Some guys come home from work and wash up, And go racin' in the street. Bruce Springsteen - Racing In The Street - 1978 Last edited by The Boss; 02-06-2018 at 12:40 PM. Reason: Correction to VIX 
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