Well well well... markets go in both directions. Who knew??
I jest of course, but man it was starting to feel like the market will only go up forever. And naturally, when market participants start feeling that way and then they are suddenly hit with a small dose of reality, those of us caught leaning the wrong way tend to panic.
But the panic always recedes as cooler heads prevail and realize that they may have overreacted. This is the bet I'm willing to make right now with today's trade.
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