This is definitely a down ramp job and the shorters (media) could have more bad news to help their cause. (Bernanke is a pretty weak excuse for crashing the market.)
For a reality check - the just released FHFA House Price Index continues to increase indicating a housing lead recovery is in play. Unemployment is stable.
But Europe remains a wildcard???
If BHP drops to $35.50 (as expected) I'll be buying alright.
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This is definitely a down ramp job and the shorters (media)...
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