I hate to tell you but this drop surprised no one and I warned everyone that I was playing the market tight ONLY taking creme off the cake and out at the first sign of trouble.
This was a parabolic move higher not seen since 1929.
And now those who got in late paying the price.
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I think it come tomorrow or Monday. I was thinking Monday all along because that would be the first of the month with the new money coming in. That's when we turned around last month.
But closing off the lows is definitely a possibility tomorrow.