Fool Me Twice?

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What’s going on right this second is precisely what happened exactly a week ago: the market is playing the “Mideast War, Tapering, Seventeen Trillion in Debt and Looming Debt Ceiling Really Doesn’t Matter Compared to Spiffy Electric Cars” game. (Milton Bradley tried to make a board version of the same entertainment, but the name wouldn’t fit on the box). I’m not buying it. On the contrary, I’m selling it. Watch the gap on the IWM closely.

0829-IWM