News of PBOC setting up $300B in funds to buy US and European assets. They should buy their own assets. They should worry about their crashing real estate market first. EU summit was a nonevent, as usual. Everyone got their hopes up for nothing. And they are going to be disappointed for nothing.
Expecting us to gap and crap here. There is no reason to have a gap and run after just 1 day of a selloff. But we shouldn't selloff much after yesterday's pounding. So looking for early weakness and then consolidating between 1225 and 1240 (March ES futures).
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by the time everybody is expecting a dip we are starting the final chrimas rally which will take us above 1300.. the last one before the armagedon :)
buy their own assets? that would cause a butt load of inflation, they would've raised interest rates throughout this year for nothing
If China crashes world is over.
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