The stars are lining up for the market to go Martis' way IMO. 1. ECB board member resigning;
2. Greek citizens tired of the fiscal discipline attached to the bailout & Global EU tired of bailing out the Greeks;
3. Easing inflation data from China and the uncertainty on what impact monetary tightening had on production to bring that inflation level;
4. No confidence on Obama's employment package;
5. Rising unemployment both here (mainly in the manufacturing and services sectors) and in the US and EU;
6. Italy's fiscal house is not in order and that could raise eyebrows and have ramifications shortly; and
7. A bear flag is forming in light of all of this.
Shorting should be the order of next week IMO.
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