RSI on the DJIA is showing heavily oversold on weekly, monthly and annual time frames but only just over the line on the daily (surprisingly).
Responses from a CNN reader poll below. It seems time is more valuable than trillions of liquidity though difficult to inject when needed. Perhaps a forced market closure is a good idea with all the bankers packed off to the Bahamas for a week.
1. What will it take to get global markets back on track?
A bigger, coordinated rate cut by central banks 4%
Regulatory changes 20%
Another stimulus package 7%
Time 69%
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- absolutely relentless
absolutely relentless, page-56
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