The market opened on a weak note and has stayed that way all morning. Down volume is running about 84% of total volume on the NYSE so far. So there does not seem to be many buyes around ahead of the long weekend.I was saying all last week that I wanted to sit on the cash I had recently raised until we got a pullback, which I felt was overdue. That pullback showed up big-time this week. The S&P 500 is currently off -4.5% from its Monday highs. That’s about as much of a pullback as I was looking for. At the time, I thought something in [...]
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[Source: The Money Blogs]
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