The volatility has been nothing less than intense.
100 point moves up and down on the s&p.
I expected a drop today on the s&p because I felt it was overbought and it came off highs.
I admit it dropped faster and more than I thought.
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So I bought the drop and the market dropped even lower and spliced the 50 sma for a moment.
I'm still long and down a bit.
But if the s&p drop below the 50 sma tomorrow.
I will take the small loss and short.
