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[Pro-Life]

7 “Saves” in 7 Months: A Market Going Nowhere Fast
Posted on August 18, 2015 by The Doc

http://www.silverdoctors.com/7-saves-in-7-months-a-market-going-nowhere-fast/

History isn’t especially kind to the faith that the market can be “saved” every month for years on end. China’s authorities and stock market punters are learning this the hard way: when the sentiment has turned, every “save” gets sold by the smart money, and then by the “dumb” (i.e. margined) money as their hopes of new highs are shredded once again.

Can markets be saved an eighth time, a ninth time, a tenth time this year? How about next year? Another 12 months, another 12 saves? If the “saves” are going to run out, why wait to be the last sucker holding the bag when the Fed’s fetid hot air fails to work its magic?

The rest of the story is at the link above...