Yesterday, mid day, I sold half of my SDS across the board.As I sat there with my finger literally on the button the SPX was between 1150 and 1155. At that level it was down 26.5% from the peak of 1565. I don’t think I would get much of an argument in saying 26.5% is down a lot.Sentiment stinks, no one has faith in anything, the consequences from all the stuff happening will be bad, you can’t swing a dead terrorist without hitting a bailout (or similar action), the house of representatives acted as childish as I can ever recall (I don’t follow politics that closely howe[...]
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[Source: The Money Blogs]
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