Mar

6

Many days recently when there was downward action, precipitated by derivative vehicles, there have been strong rallies to the close. Recalls youthful episodes of downward action, sounds of parental vehicles, followed by rallies to the clothes.

Anatoly Veltman adds:

If a month-long dollar decline has been all foreplay, can you imagine the multiple gasms in our assets about to come — not to mention households filled with crying nine months down the road.


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