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Worst ISM numbers since June 2009 triggered the algos and the humans agreed, sell first think later.
Zero Hedge tweeting that only (don't call it) QE 4 can save us now.
But I read that essentially the money pumping has already begun so not sure if this ISM data point is confirmation of the past (that the Fed needed to act) or if it is saying the Fed has a lot more to do. Certainly not a surprise after seeing Germany teetering into recession and yesterdays dismal numbers out of S Korea.
generally the rebound should be sold. I don't believe today would be a bloody downtrend day yet.
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