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10nisman

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10nisman

Re: DewDiligence post# 3338

Thursday, 01/25/2018 2:57:38 PM

Thursday, January 25, 2018 2:57:38 PM

Post# of 9054

I don't have a good explanation for today's reversal; if anyone does, please post.

(1) The markets are overbought. (2) The USD is trading 10-15% below where it should be versus most major currencies. As the USD recovers over the coming weeks / months we should see a pullback in commodity driven names and most U.S. based MNC's. Today appears to be the start of that...
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