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World Stock Markets Trading Discussion - Niggling notations


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a flash crash to 1280 here on the S&P would kick off the next wave down nicely, 1100 area seems likely to me by end of year but would not rule out a re-test of the 1000 area which would probably not hold if we get there that quickly due to momentum so that could bring the 666 low of March 2009 into play sooner rather than later

 

economy much weaker now than then, more unemployed, more food stamps, more welfare, more people deeper in debt due to years of negative cash flow on their underwater McMansion debt trap tax targets, federal deficit exploding totally permanently out of control with zero chance of stopping it

 

so we could see 500 area sometime around March

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w?s=%5EAORD

 

All Ords trundled heavily sideways to close +0.3%. At the top were Utilities +1.4% and Gold +1.1% with Telecomms down the most, -1.1%.

 

Limited excitement in Asia: China -0.1%, Honkers flat, India +0.1% and Nikkers +0.8%.

 

 

On to UK/Europe:

 

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