In my opinion this was panic selling. No news just weak hands bailing and dragging others into the fray. Chaikin money flow red today for first time in six months. I think there is going to be a lot of pissed off people in a couple weeks when this turns around. I am not sure the blood shed is over yet. No news means nothing to stem downward flow right now. This will mean great opportunities to add position at ridiculous prices. AIMHO Doug
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