"Don't be surprised if the Fed comes out with a policy to use direct intervention in equity market, extending bond buying to 10 years treasuries, or swag a big stick with $2 trillion carved on it."
What do you think yesterday's selloff was intended to do?
who's going to blink first: the masters of the universe, or their lapdogs. It doesn't take a technician to see this, just some tinfoil :) Of course with the inmates running amok in the asylum *cough* tea party *cough* that is the main wildcard.
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