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jeez $UA surprises me…WILD market
IF the market did break down, how much further can these high beta names fall (TWTR, FB, YELP, SPLK, WDAY, etc..) They should be getting a bounce soon – which could coincide with the indexes breaking higher..
From a trading perspective – I’d rather see a break down and a huge spike in the VIX – but I think we go higher..
JB refer to Fly blog “Papa Putin to the rescue” where that very topic is discussed earlier today.
the huge spike in the vix can’t happen . the break down is possibile but would be minor . today the market spoke some upside in the cards though .
house cleaning! time to leave the questionable names behind…
HNT break away play…caught it..move to 40?
Algos dreaming? Amazing had to look that one up, thanks