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RE: The S&P 500 Slammed Down To Our First Support - What's Next?
Soooo.... choose one of these:
a) This is a sign of a healthy market?
OR
b) This is the sign of a market in distress?
I suggest the latter, but I'm a newbie at the traditional stock market. :)
This is a sign of a market that has been up 8 straight years and apparently we just get once in a while hard sell off instead of orderly market action. Welcome to the world of algo trading. They run the markets :-)