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or 4th occurrence in 9 trading days (August 12, 19, 20, and 24). For more, see Zero Hedge.
The stock market seems and feels under heavy stress every day, and the struggle gave way today near the close. This is not good for the remaining longs.
Remember the "Cardinal Climax" that was supposed to happen around August 1? Maybe it was delayed and is happening right now...
9 years ago
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