gleno...there has been something unusual about this decline..sure, it is not unique..just unusual. Something has precipitated the unusual action..it seemed to trigger on the Fed doing the expected thing..the language change they made is not enough reason, imo.
I, like many, have waited for the o/s conditions to produce the reflexive rally...it hasn't happened..only intraday today. I think it's different this time for a set of reasons that we may only ever know in part. I am now going to look for other bottoming signs before taking any long positions. regards.
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