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May 20, 2010

Exceptions Can Be Made

That was one nasty day of selling in equities, and the likelihood that May 6 was simply a computer-driven event has now been practically eliminated. The S&P 500 finished just a few handles above the mini-crash low, which presents us with another blaring warning sign that the cyclical bull may be over. The first warning, as mentioned a couple weeks back, was the ...

 

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