Holding on for a Miracle…

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That is what appears to be happening in the markets. The October 6 blow-off stands in control. Bottom pickers are out in mass this week. The Fed is not going to do anything. the mid-terms are coming, the Republicans are reeling, but Trump goes back to his worst traits and piles it on.

The broadening of the market which many are touting is not really broadening or sustainable, AI bulls just move momentarily to other overbought areas.

Hedged and Watching…

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