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Wallpapered Wallstreet


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I'm thinkin that if the dollar gets bought here up to 81 then the commodity consolidation is probably gunna take a further hit and that probably won't lend support to Mr. Widget. World markets pound sand since Jan. 11. Lack of demand will bring in more pounders.

 

X marks the spot - Jan. 11

http://www.StockSharePublishing.com/ChartL..._1264562682.png

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How do you know?

 

I don't know. It is my belief. Here is the bottom line. The congress is deathly afraid to take responsibility for doing anything. Most of what they do is driven by inertia, short term group dynamics, and obscured in the minutia of bills they don't even read. The defeat would be their baby. They are being told if they reject something very bad could happen, right away. So inertia and confirmation is highly likely.

 

What fun it will be if he isn't.

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