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Re: food4thought post# 2171

Sunday, 09/19/2010 8:03:23 PM

Sunday, September 19, 2010 8:03:23 PM

Post# of 19856
Food4,
The market tends to reverse course from one option period to another lately. Last Friday was the end of the September options. Monday starts the October ones.

The macro theme I have is that the puppet masters want a strong end to October into early Novemeber so the masses feel like their paper wealth is improving. therefore they will tend to keep the Dems in power to further rape the American way over the next two years. In order to accomplish this, the market needs to continue rising. This can only happen after a nice capitulation selloff. Short but sweet.

Based on this, my guess would be that Monday-Wednesday brings a strong selloff that reverses later this week and grinds up towards 1300 SPY at election time. If the Dems maintain their power lock, I expect the mother of all bear markets to ensue. If the Republicans can gain some control and get us back to grid-lock, this will be seen as a positive and the market and economy will slowly improve.
MF4

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