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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: CrashDavis who wrote (18282)	6/16/2016 10:43:31 AM
From: robert b furman	5 Recommendations Recommended By 3bar Hawkmoon John Pitera roguedolphin The Ox Read Replies (2) \| Respond to of 33421

At least till Brexit blows over - I think that is the general noise theme. Much like Scotland - as the vote neared the "remain" became the winner. The we get a big reversal going into earnings. Gives time for clx to reset. Brexit is just a political ploy that the street will make much ado about nothing imo. What might be happening in the midst of all this noise is the long awaited bond top and reversal. Japan and Swedes in negative. The Bund 30 year was at zero this A.M. No one is going to park money at a cost - makes our yields look juicy and they are at all time lows as well - perfect elixir for a top. We get good earnings and notice that cheap oil is no longer giving us deflation and inflation grows to 2% look out bond holders. Talk about a slippery slope with the weight of a very crowded trade. Bob