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Rather similar move to what we experienced yesterday.
POMO money might still move in, but in the meantime, real money is moving out.
Also, the OBOS is already very low. This is most un-usual. If you come back to the stats that I presented this morning in the daily comments, the OS level would normally be reached at least four days after a first selling wave.
This indicates all the market participants moving from one side to the other side of the boat.
Pascal
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