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The Coming Second Leg Down

|Includes: AGEM, IYR, SPDR S&P 500 Trust ETF (SPY)

See my weblog for my past posts regarding what I believe will be a second leg down for the global economy.  See sidebar on left side of this page or just visit

I intend to either duplicate my posts here or will include some side thoughts in this instablog from now on.  Happy Holidays. 

Disclosure: Am short Emerging Markets, Financials, and Real Estate.