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To: 1010RD; A Cyrenian; abb; Abigail Adams; abigail2; AK_47_7.62x39; Aliska; aposiopetic; Aquamarine; ..

A merry morning everyone!  Yeah, I know stocks hung another distribution day on the line yesterday (now at five for both NASDAQ and S&P) but right now (2 hrs before opening) the all knowing futures traders say they'll make up for yesterday's third of a % drop w/ a nifty +1.16%!  They're leaving metals down -0.30% although gold and silver's atm priced up at $1,144.55 and $15.12.  The big deal today is [drum roll] GDP final! [cowbell/rimshot].  OK, but we also get the GDP deflator (inflation fed style) and Economic Sentiment.

More news:


4 posted on 09/25/2015 4:52:35 AM PDT by expat_panama
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To: expat_panama
DJ Futures +248!
Happy days are here again!!
At least until this afternoon.
6 posted on 09/25/2015 5:23:45 AM PDT by citizen (America is-or wa5s-The Great Melting Pot. JEB won't even speak American in his own home. NO Bush!!)
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To: expat_panama
I scan thru Yellen's speech & footnotes....we find "expect" - expect expected unexpected expectations - 75 times.

That's a lot of talk covering various economic topics and trends. Any particular part can be trotted out to CYA no matter what happens over the next few months. "Janet Yellen said in her Sept. 24 Amhearst speech...."

7 posted on 09/25/2015 6:19:53 AM PDT by citizen (America is-or wa5s-The Great Melting Pot. JEB won't even speak American in his own home. NO Bush!!)
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To: expat_panama

http://www.marketwatch.com/story/stock-investors-havent-been-this-bearish-in-15-years-2015-09-25?dist=beforebell

Opinion: Stock investors haven’t been this bearish in 15 years
By Mark Hulbert

Published: Sept 25, 2015 5:01 a.m. ET

Bearishness has reached an extreme not seen at least since the top of the Internet bubble in early 2000.

Yet this is a bullish omen, according to the inverse logic of contrarian analysis: Extreme levels of bearishness indicate that there is a very robust “wall of worry” for the market to climb.


8 posted on 09/25/2015 6:28:31 AM PDT by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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