SPDR S&P 500 (SPY): I just flipped from perma bear to perma...

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Re: None

Friday, 10/28/2016 10:27:52 AM

Friday, October 28, 2016 10:27:52 AM

I just flipped from perma bear to perma long.

The position won't be filled until the technicals are satisfied, but the shorts are gone. Expensive day.

I think I'm finished for a while.

Yes, the GDP numbers are important. Unfortunately, it means interest rates go up, unless we find out later that the numbers are part of a massive attempt to fool the public into voting for Democrats.

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