<The only thing that could stop the new low would be a very positive geopolitical move.>
I better be more clear on this. I consider a geopolitical move also the pick of the US treasury secretery. So I'm sure the markets will be watching that closely and it better happen this coming week. And BTW, I'm only talking about the very short term. Longer term I still think we are heading to new lower lows.
"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis
"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin