PRE MARKET
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PRE MARKET

Market sells into close yesterday. Gets it back on a gap today. Germany sells 30 year bonds negative…economy contracting…market up. Central banks in hyper-drive now lowering rates and the president calling for more printing of money here after railing against Obama and Bernanke for their easy money. TGT with the big gap on strong numbers….

RANDOM THOUGHTS ON EVERYTHING
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RANDOM THOUGHTS ON EVERYTHING

Never forget one of our most important mottoes: IT’S NEVER BAD UNTIL THE MARKET SAYS SO. Did you notice the national media seemed overjoyed by the big drop yesterday? They seemed happy talking about a possible recession. Must be watching a little too much Bill Maher. Speaking of that, capitalist Elizabeth Warren seemed all thrilled…