Just wanted to show my appreciation to the often overlooked traders from the UK/EU. After -4%NIKKEI and -10% KOSPI, it was a joy to see all the EU indexes open green and hold, and eventually S&P. It was the literal global backstop needed to stop the spread of leveraged retardation. More and more Japanese traders were buying leveraged ETFs; a -10% on the NIKKEI would be very difficult for the rest of the world to buffer, so it was probably better for the KOSPI-DRAM traders to take the fall as
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