SPDR S&P 500 (SPY): That drop today was a trap it seems , as...

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Re: TheWatcher51 post# 150033

Wednesday, 08/26/2015 3:35:52 PM

Wednesday, August 26, 2015 3:35:52 PM

That drop today was a trap it seems , as it was a stair case down , reverse pattern from yesterday . I'm still not certain why the sell off went as far as it did, but that's irrelevant now. China govt should be putting the pedal to the floor tonight to buy because shanghai put in a selling cessation candle , the govt there just lowered rates and I think there's going to be a whole lot of kitchen sinks missing in Bejing , cause they are going to be throwing everything at it tonight , jmo

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