Whether it’s margin calls, hedge fund redemptions, mutual fund redemptions, or preparations for CDS settlement - doesn’t matter.

Here’s an example for those that might think this selloff has much to do with the fundamentals of the underlying economies.

Does anybody really think that the economic prospects for Brazilian companies improved tenfold in five years?

Does anybody really think that the Brazilian companies’ long-term economic prospects were cut by 90% in the last six months?

This is another one that’s setting up for a fantastic discretionary buy+hold, along with emerging markets in general and junk debt, the kind of stuff the good-lookin’, good-cookin’ Wifeykins might just pop in her self-directed IRA and forget about for year or three.

The forced selling will pass, just a matter of time. I plan on being around after it’s done, how about you? Sticking to plan, which for me is mechanical system trading.