On our first trip I tried so hard
To rearrange your mind
But after a while I realized
You were disarranging mine
--Rolling Stones
Yesterday's melt headlined by the 600 pt Dow drop means that major indexes have retraced about 50% of the rally off the lows from a couple weeks ago.
Some hesitation in this zone would be intuitive.
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Tuesday, November 13, 2018
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