One Comment

  1. yawn, I didn’t read it.

    The market:

    It’s likely waiting for Yellen Friday.
    Yellen won’t say anything, so the market will go flat into March Fed speak.

    Fed speak:
    If they raise interest rates, the market will fall,,, er aah until the market realizes that a .000000000000025 percent rate increase is nothing, at which time the market will hit support, turn up and rally into April,…….. then “flag” waiting for the next fed meeting .

    No matter, so long as interest rates stay down, the direction of the over bought market appears to be up.
    Rally…… stall….. flag…… repeat
    Rally…..stall….flag….repeat.
    rally….stall….flag…repeat.

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