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'If rate does rise the selling pressure is enormous. That's...

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aimone

46,498 Posts.

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28/11/15

17:51

Post #: 16501703
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Originally posted by locshare11 ↑

pog 1068 is bearish level. Let's see if It can hold above that level at the end of the day.

. Why china just bought more cooper. Why they don't wait after the Fed decision. Is it surely a downtrend?
Remember how China bought more Gold in August. Pog went up for the next 2 months.

. Next week there are handful of GDP reports from difference countries. If they are Negative that would reduce the Fed's chances because global economies are still struggling.

. Corporates profits are down from 8 to 1.5
Hedge funds are withdrawing their positions in US stocks. If rate does rise the selling pressure is enormous. That's helping pog.

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'If rate does rise the selling pressure is enormous. That's helping pog.'

???

1/4% rate hike

selling pressure enormous?

Last edited by aimone: 28/11/15
1 Upvote

0 Great analysis

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