Wednesday, October 1, 2014

WEDNESDAY 10/1/14; Hong Kong Demonstrations; Japan 'Fat Finger'; PMI's; ADP Employment Report; ISM; Ebola Hits America; US Stocks Collapse; RUT in Correction Territory Down -10%; NYA Loses 40-Week MA Ushering in Cyclical Bear Market

The Hong Kong Umbrella Revolution continues and crowds increase to over 150K on the China National Day holiday. The holiday will continue tomorrow where the crowd is expected to swell to 250K people. The sea of humanity pulses as the peaceful demonstrator’s wave small hand fans to p






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Fernandez embroiled in controversy will have to decide whether to accept the resignation. Argentina is a complete mess economically unable to move forward because it is unwilling to clean up its prior mess.

The Hong Kong protests continue as the deadline imposed on mainland China comes and goes to no surprise. China is a communist country and by definition will not negotiate. The Occupy Central protestors impose a new deadline for Thursday evening their time that Beijing’s man and city leader Leung Chun-ying must step down. The troubled city is 12 hours ahead of Eastern Standard Time so at 5 PM EST is morning at 5 AM local Hong Kong time. The deadline is about 15 hours away. Tick, tock.

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