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fast3777
fast3777

Japan tonight looks pretty sick. Next is 3 of 3. The U.S. downgrade is bad news for the drowning in debt Japan and they own UST debt too.

fast3777
fast3777

How can equities compete with a 6 percent interest rate? It can't. This is 1987 x 100. T he Fed can only control short term rates and the coming new low in UST market will batter stocks. The Fed has always been an engine of corruption. The big tide has turned and as money becomes scarce,wealth destroyed,the "Bezzle" will continue to be exposed. This will get ugly. Have plenty of oil for your lamps.

fast3777
fast3777

Btw the JNK is gapping down from it's months long B triangle. It will break at some point it's January 2009 low headed for sub 70 level....the worst financial crisis in U.S. history is being forecast.

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daniel039209
daniel039209

as an observation: whenever "cascading,snowballing, waterfalling" is invoked on these videos, the record is 0 for 48. so far 0 for 49 today. maybe one day it will be different. Lightning would have to strike AAPL AMZN AND NVDA.

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