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B4 The Bell Frieday August 6


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MH - congrats about Monday...you'll be right...even if we correct the drop, the damage (disslocation of the large number of metals, bonds, equity traders who were on the wrong side, and ensuing margin calls/liquidations/Bugsy-like "visitations") will make Monday memorable.

 

Today may be a walk in the park, the dog poops. Monday a walk in hell, the dog pukes.

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It's 9:45 a.m. -- dipster time. :lol:

 

The open wasn't quite as bad as expected -- we "should have" been down 100 points plus on lousy news ... but actually only 85. Ergo, the dip-buying attempt.

 

As always, the real tell will come at MF hour, when the big boys show their cards.

 

If this is the real bearish deal, the Dow should close down more than 100 points today.

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