FOR TUESDAY: (10/4) China is gone all week for Golden Week and while Germany will come back and trade will wander back from the Jewish New Year, we still may have a sloppy week. We’re very open to a crisis meltdown toward the end of the week but we never want to use the word crash. The oligarchs are good at keeping their fingers in the dike and a recent article noted that they have enough cash to keep the game and QE going another 4 years! By next Sunday we will favor a seasonal buy on stocks and at the moment they’re not giving us much of a pullback to play.
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