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Crash and re crash


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#1 tommyt

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Posted 24 December 2018 - 09:01 PM

Its a crash, a daily one, the same day after day. Its really bad when very oversold leads to re crashing. Nothing but margin selling, other forced liquidations and some panic...sure doesn't feel like a lot though. Where and how a rally develops is really an unknown under these rare circumstances. S&P has a shot to hold at this MA, if not it probably goes to 2100-2200. As Raging as been saying, Rut has a first real target on the right side of its mountain at about 1160. My gut says there is a tax play adding to the waves of selling, we will see shortly if it lets up as the calendar rolls.

 

https://stockcharts....id=p1176581618c

 

https://stockcharts....id=p8603462691c



#2 Dex

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Posted 25 December 2018 - 12:39 PM

https://www.marketwa...rter-2018-12-24


"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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