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Sur le Ascenseur 7/12/24

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Another travel day as I head for Genoa Italy and Munich this week.

Meanwhile the market took the escalator up for weeks. Yesterday it took the elevator down. Here's how it looks today. 

Above 5600 would suggest up below 5575 would suggest down.Screenshot_20240712-140738.png

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For moron the markets, see: 

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33 minutes ago, DrStool said:

Stock market must be celebrating the approaching official end of democracy in America. 

Is that the Democrats or Republicans fault.....?

Or all the unseen "handlers", lobbyist, big and soft "money", bankers, "special interest groups", et, al........

>: there are a lot more......but money always talks......

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8 minutes ago, potatohead said:

Is this one of those....keep buying until there is blood in the street moments? :wacko2:

The question might be, who is fighting who (whom is fighting whom) (whose blood)

The land of confusion seems to be winning........

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9 minutes ago, potatohead said:

has ATT done anything right in the last 40 years?

maybe they should change their name and include AI.....that might be the only thing that works for them........

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23 minutes ago, potatohead said:

Is this one of those....keep buying until there is blood in the street moments? :wacko2:

He said, Buy when there's blood in the streets, especially if it's your own. 

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Nothing says "democracy" like threatening to beat the **** out of anyone who won't toe the line.

>: Name all the names, include all Europe

>:: maybe a few more "elections" will help...(especially if you eliminate small partys in your favor)

 

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Putin acts on the threats. Trump loves him, and Orban. I have been to Hungary. The whole country is an organized crime ring. The ordinary people have all become professional bagmen. I've never been in a more sullen, crooked place.  

I have lived in Poland. I got to know quite a few Poles and their families. They despise the Russians.  The Poles hate the Germans, but they absolutely loathe the Russians. Even the Polish right wing, that was just voted out of power, hates the Russians. They know them better than anyone.  Considering that the Russians are having trouble in Ukraine, the Poles would absolutely skewer them.

But if the flow of US weapons is cut off to these countries, they will die. Putin will advance. France, Germany, and the UK will stand alone as functioning democracies with nukes. 

If Trump wins, the America that we knew, like it or not, will cease to exist and the world will become an even grimmer place, much, much grimmer, than it has been in our lifetimes. 

Ciao and bonne weekend. 

 

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