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International Business Machines Corporation Message Board

  • blackcombgrouse blackcombgrouse Sep 8, 2013 11:16 AM Flag

    Expect a 1500 point plunge in the DOW anytime

    QE infinity supported the Dow's rise of 3.187 points since last November .
    Since the beginning of may the 10 year treasury yield has risen by 77% as is now just under 3% the same reading as july 2011 just before the Dow collapsed 2300 points to 10,404 in november 2011.
    This rapid rise should tell anyone who is not a Wall st Zombie that Bernanke has totally lost any control he ever had of real interest rates .
    All of which means that we have the 30 stocks in the DWI which have flat to decreasing revenue at levels which had support at much lower interest rates but now are ready to correct to the much higher real interest rates .
    The Dow one day circuit breakers are set at 10% , 20% and 30% .
    Lets hope it just stops at 10% for a 1500 point drop and not the larger drops of 3,000 and 4500 .

 
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