completely agree w/ TRAD (the Gral Executor of Luxembourg):
The stairs have the same raised. If they repeat the drop, DJIA 'll go until 8000 and then were less fluctuating +/- 200 points (between 7800 / 8200). That was the last step >> DJIA 8400 (between 8200 / 8600)
And the TRAD inflection point is the most painful: DJIA below 7700-i guess not possible today-anything can happen. You are reading my repurchase OIL point: DJIA 7800 if it happens (8000 is a great repurchase for me too)
Tomorrow we'll have inventories > if you are consuming OIL.
if the main international rates remains low or going at lowest numbers ....augur very low productivity, rising unemployment and no green shoot on this side of the planet.
Only Rogers and Peewee can eat smoked dog (instead of smoked salmon) and earning money.