Quote:
Originally Posted by displacedinMN
What is happening today?
Worry or profit taking?
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The market is extended from the 50 day moving average by a decent amount as indexes hit all time highs between last week and this week.
10 of the past 13 days have been green.
I worry what building some of you will jump off of when the market “corrects” by more than 2-3% in a short time. A 10% correction may kill some of you, let alone a 25-50% bear market.