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More downside seems imminent on S&P500. A historical view of all-time highs:
During last 3 months of 2012 the BULK of US market buying was via EU investors. Seems the worse EU gets the more investors will cross pond.
Only way general public in the EU to get $s into US is via buying equities.They wont fly over&open accounts.Just click in there equity accts
NOTE:Fed speaks today.Prolly will keep DOVE speak clear.That is only thing market cares about.IMHO.So far we c 85 pts down including Cyprus
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