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Taking some ugly hits today – If, Then… Market Timing

Taking some ugly hits today

By Rod David | May 8, 2014 - 2:54 pm

Taking some ugly hits today as the sector is overwhelmingly red, at a spot where the past month”s medicine should have cleared up most of that redness. Every day within the range has had the potential to be a bottom, needing only the next day(s) to start trending up en masse over multiple sessions. Breaking under prior lows today might prove to be a false break, but we”ll be watching that with even less than the 5-7% of the portfolio that was exposed.

Posted in Bigger Picture