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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%4:00 PM EST

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To: Real Man who wrote (50421)5/18/2013 5:50:11 AM
From: Seismo  Read Replies (1) of 220696
 
From Zerohedge on the 1667 close:

zerohedge.com

Last paragraph:
"This summarizes in a nutshell precisely what the "New Normal market" has become: the same "market" that Bernanke and the administration are so desperate to herd every mom, pop, algo and hedge fund into, in order to enforce "trickle down" wealth effect inflation, now that all other monetary transmission channels are terminally and hopelessly broken.

Luckily for all involved, this time the flash crash was contained, and all the offending trades were unwound. What happens when the flash crash is bigger, becomes un-"unwoundable" and more stocks are involved? the entire market?"
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