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S&P 500
5,297.44
(
0.01%
)
US TECH 100
18,100.80
(
0.12%
)
Dow Jones
39,893.42
(
0.06%
)
Brent Oil
83.36
(
0.18%
)
Bitcoin
66,755.29
(
2.34%
)
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sokol

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sokol

Re: None

Tuesday, 02/06/2018 10:38:54 AM

Tuesday, February 06, 2018 10:38:54 AM

Post# of 459276
From the indicators, it looks to me like we have confirmation that AXXL selling is exhausted, and we should see the share price increase from here.

However, overall it looks like the long bull market where we saw the Dow keep making record highs has or is about to end. It has been the practice "to buy the dips", but there is a lot of fear in the market as exhibited by CBOE Volatility Index. The DOW is swinging widely. The "buy the dips" strategy is no longer a good or comforting approach for investors.
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