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World Stock Markets Trading Discussion - Layered launch

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And of course lest we forget, support at 2727. 

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1 hour ago, DrStool said:

When the jobs data is benchmarked to the tax data in February, there will be a massive downward revision. I'm just now running the Federal revenues update for October, and there  is no way that this number is correct.Withholding is extremely weak. They've been  overstating the gains all year. 

 

strong jobs report showing in the month of October 250,000 jobs were added. Wall Street had expected an increase of about 195,000. Unemployment now at 3.7 percent and anal cysts claim that there are now more job openings than trained people to fill them.

 

Only in America and only before the elections would this kind of over the top BS come out......3.7% unemployment? does anyone actually think this is a real number?   Feels more like a debt binging party in the 11th hour.

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3 day cycle projection 2710. 2 day 2706.  

 

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As a not so gentle reminder the forces that has driven so called markets to heights beyond our wildest imagination are now working to drive these markets to levels so low even Satan will be saying "Welcome".......

Position accordingly.......Long TZA added back Long UVXY@59.11

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5 day cycle projection 2701. 

 

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2710 is the  Maginot Line. Bears will make an end run.  

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No consternation about this selloff whatsoever, anywhere. 

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2 day cycle projection now looks 2695. 

 

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Normally I'd say they have to bring it back to 2710. 

 

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My followers on Twitter are skyrocketing today. Harald Malmgren gave me a RT and ZOOM!  Thanks Harald! 

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30 minutes ago, DrStool said:

My followers on Twitter are skyrocketing today. Harald Malmgren gave me a RT and ZOOM!  Thanks Harald! 

I have a lot of respect for Harald. Very seasoned and has a lot of knowledge to offer on many important financial and political topics.

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