With ECB (QE) easing tomorrow the KICK DOWN will only accelerate.

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Looks like the AUG 1st KICK DOWN cycle is here.

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Here is the June statement. I would estimate the market has priced a 75% chance that the statement saying conditions are “likely to warrant exceptionally low levels for the federal funds rate at least through late 2014.” Will be adjusted to ...

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Its been about 95% boredom for the last two days. That might change in five more minutes.

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You didn't catch on.

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The market is : 80% boredom, 10% anxiety and 10% sheer terror or exhilaration. Sometimes both simultaneously! Age and decades of experience enhance the ennui, but the terror is always lurking over the horizon and strikes suddenly.

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"The fox knows many things, but the hedgehog knows one big thing. A Hedgehog Concept is not a goal, intention or strategy to be the best. It is an understanding of what you can be best at. The distinction is absolutely crucial". ~ Isaiah Berlin, The ...

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FOMC sits for the second day of its scheduled 2 day meeting today, Wednesday, and the customary statement will be released around 2:15 US ET. I suggest that you trade lightly if at all.

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Nobody really knows whats going to happen. Its all about playing the odds and probabilities, taking a position and hanging on for dear life.

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I'm both selling and waiting. Probing the short side with a low risk position and waiting for further confirmation before adding more shorts. Never get too carried away - contra seasonals do happen.

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YEP - All the fun is yet to come.

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DRAGHI's strong words don't hold water. Up goes the dollar and DOWN goes the Euro.

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Interesting. Aug 2nd reversal ??? (or is it a space alien?) url

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Waiting on the FOMC today and the ECB tomorrow morning = going nowhere.

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Almost always there is a battle between the bulls and bears at market tops. Almost always, lol

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BEARS — Sell about half way up the upper shadow of the daily DOJI (around 10517) SL just above the doji high of 10537 for a low risk sell and hold - 150-300 pips.

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The market fluctuates - ebbs and flows back and forth. Maybe the bulls and the bears can both win.

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What if the news is within expectations ? No surprises ?

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Thanks for clearing that up. lol

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Yes we do, but the bear influence is here now.

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