<<I agree with that scenario Welles.
Pavlov's buy the dip dogs are being set up for a thrashing.>> What are chances the Fed will now start printing money as fast as possible and flood markets with major liquidity and also pause on interest rates.
If so would this not change our scenario and instead lead to a wild run-up from rampant speculators and leave us with a massive sell-off at much later date following a huge and insane bubble building.
What do we know? Speculators run-up prices in everything thing if Fed flood markets with liquidity( that is print money as fast as possible).
That this will be a disaster for future will Fed even care????
He played his video game night and day.
The MAZE of Death.
But that is the game we all are in, the trick, don't believe it.Get above it all and imagine nothing is what it seems.Kill the machine.otraque