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PanicButton

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PanicButton

Re: KIRBY post# 134892

Friday, 12/04/2015 11:10:47 AM

Friday, December 04, 2015 11:10:47 AM

Post# of 140146
Hey Kirby, QE, haha, is always a sign of economic weakness IMO. The daily chart was showing a lot of weakness and was poised like a coiled spring to do something. By design, it was this manipulation that got it moving again. With that said, even with this shot in the arm E/U is still bear IMO. I like to watch the daily chart for overall trend, it's still trading below the 100SMA which in my book makes it bear. Definitely expect the unexpected and trade accordingly.
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