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Bigblock has been banned again as per the request of Aspll.
This seen to be under way.
Today's drop had nothing to do with GM earnings, or warnings from goldman sachs, or citigroup or any other B/S they want to tell you. Iran was the point of impact, and I assume there will be a lot more to come just from there.
Today Iran declare they will no longer accept the dollar as the default currency to purchase oil. This will set a precedence for many other countries to do the same.
The devaluation of the dollar as I discussed before will neither benefit this country nor help the economy as much as "they" told you it would. Just a cheap shot at decreasing the debt.
I think most folks around the globe are getting the picture by now.
I commented before that the valuation of the markets did not meet the current economic condition regardless of what "they" tell you. You are being told lies.
Anyways I know it is hard for some of you to short the markets, but that has been, and I expect it to be the norm for a while now.
The markets are aiming right now at breaking the support it had from March highs.
You are wellcome Laphill.
It seems most had short term upside. Pull backs are a add ons.
Reality - SCHW had the most upside, and still in the move - what is stirring your grits Mon?