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August 27, 2013

Question Mark Removed

Over the past week, we have maintained a question mark under 21-Aug on the S&P 500 chart, conveying a bit of caution over a hasty labeling of a daily cycle low. Our reticence to solidify that labeling was substantiated by today's equity slaughter. Stocks sliced right through the 21-Aug low, clearly removing the question mark along with any chance that ...

 

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