Next stop 13K or below...I'll say by Xmas or sooner.
Then it's down to 12,750 once again by mid Jan....or sooner.
12,250 by Super Bowl...maybe mid Feb & if the Fed still remains behind the curve by then...I'll say we see a bottom in the 11,500 - 11,750 range by April...hopefully not sooner...lol.
It shoulda been a 1/2 pt ystrdy...now everyone is really gonna freak goin into the holiday.
The good news is....for the big fish & those who have ample dry powder on the sidelines...there's gonna be (already is in some cases) some awfully good large to mid cap long term blue chip bargains out there.
14K is gonna be awfully tough to break thru in this environment imo.
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