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To: The Ox who wrote (2726)10/3/2013 11:29:02 AM
From: robert b furman  Read Replies (1) | Respond to of 8288
 
Hi Ox,

Agreed on down for a while.

Macd on many is just now rolling over.

Looks like we're entering aa C wave down and it may well be we have 5 waves down - if so it'll take much longer.

If we go into a default of any definition the Dollar should get hammered tp 2008 lows and commodities will get a boost in price.

Wonder what it takes for the liberals of the country to accept there is no more free lunch?

Military spending would get hit and defense stocks would make a great short - if it gets to that point.

Bob



To: The Ox who wrote (2726)10/3/2013 11:33:34 AM
From: The Ox  Respond to of 8288
 
XIV/VXX closed the gap from 9/10 today....it will be interesting to see if this was the short term target and we get a rebound....

Selling seems to be accelerating, so this may only be the first downside target....


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