SMC Update 7-8-21
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Nothing works anymore for the short side. We spent more than a week with horrible breadth, a dollar that would not quit, yields falling, global contractions, global credit worries, divergences GALORE and all it gave us was 12hrs of down. The BTFD crowd has done this hundreds and hundreds of times now and with trillions on the sidelines and $CPC high still its a recipe for +++
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