On August 21st I posted the following thoughts re: the SPX 500 and its future direction....
"Guys, the market is rolling over, sentiment is getting very negative...... Today is NOTHING. SPX is 1268 and the July lows were 1200....... "
Here is a chart today of the SPX 500 ...take a look at the decline since then! WOW.....This unwinding of risk & liquidity crunch has been staggering....
http://stockcharts.com/charts/gallery.html?$spx
Dan Ross
http://www.BetterBizIdeas.com
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