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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.87-0.8%Nov 13 4:00 PM EST

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To: Elroy Jetson who wrote (134214)6/16/2017 3:09:07 AM
From: John Pitera1 Recommendation

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dvdw©

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Hi Elroy, there has not been a top 4 global economy that has built up as much debt as the Chinese have in there build out of the country over the past 2 years.

Now that the Government is trying to tamp down excesses they are playing with nitroglycerine if they think that inverting the chinese yield curve is going to be effective in helping them quell there problems with the banking system, the widespread shadow banking system.......

The YEN and EUR, gold and silver hit inflection points Weds the June 6th....and went down, the US dollar inded , which was highly unloved began stabilizing. and Friday June 9th was a tremendous inflection point
were all the FANG and other momentum names broke badly at 10 AM, Bitcoin topped on Sunday.....

previously we had 15 inisutrial metals and markets that had rolled over and has started going down.... on Weds. we saw the yields break down to 2.10 in the US 10 year note.... the Fed announcement caused the largerst number of thin tailed extreme range price activity ini assets classes from the US bill, notes , bonds, the currenecies, the PM's the energy complex, the agricultural futures....... mass confussion.

and the leadership of the stock rally from FANG, to NVDA, and a number of other momentum companies all broke in unison

Carter worth of Corner stone Macro attibutes it to the S&P technology index getting to within 1 point of it's March 27th 2000 high in that index.... I have been looking at the specifics of his analysis and have yet to figure out what the symbol is for the S&P technolgy index is.... it is not as easy to determine precisely which index he is speaking of.....

I may be writing him to find out.

John
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