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Tuesday, September 28, 2010

ugly action explained

Consumer confidence number was lower than expected. Judging by the market action, plenty of big boys knew about it before the rest of the world.

Also did not help the market when former adviser to China's central bank, Yu Yongding, states US dollar is one step nearer to crisis. Although I take China's words on the dollar with a huge grain of salt, as I take Obama's (or any other US official) comments on the Chinese currency with a huge grain of salt.

Anyway, ever wanted to get into Apple? Close your eyes, hold your nose and jump right in. Cause now is the time.

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