By the Numbers - 4854.50s are now Open.
EU Bid the 3 AM EST.
Weimar Trade.
______________________________________
It is foolish to SELL this Market.
Extremely foolish now.
______________________________________
When do see a Retracement. Highs to hoghs are
trading, the VIX is being whipped - Po's 17 - 12.
DX is suggesting some weakness against the YEN
113.62 on JPY for Pivot.
IF the Carry Trade winds back up... the Indicies
will explode higher.
These are the risks... Bonds wrecked to the point,
there is nowhere else to seek returns but the
Equity Complex.
______________________________________
DX Weakness will only act as a Support for Equities.
As awful as the underlying Structures are and remain
for Equities, the path of least resistance... Higher.
RISKS = Exponential
EU Bid the 3 AM EST.
Weimar Trade.
______________________________________
It is foolish to SELL this Market.
Extremely foolish now.
______________________________________
When do see a Retracement. Highs to hoghs are
trading, the VIX is being whipped - Po's 17 - 12.
DX is suggesting some weakness against the YEN
113.62 on JPY for Pivot.
IF the Carry Trade winds back up... the Indicies
will explode higher.
These are the risks... Bonds wrecked to the point,
there is nowhere else to seek returns but the
Equity Complex.
______________________________________
DX Weakness will only act as a Support for Equities.
As awful as the underlying Structures are and remain
for Equities, the path of least resistance... Higher.
RISKS = Exponential