A Grinding Halt

Posted on Nov 13 2015 - 3:33pm by Sharpe Trade

Although I remain a bear on stocks, honestly, by this point I wouldn’t have been at all suprised to see some sort of mean-reversion play on a one hour periodicity.

We’re just not getting it.

Near the close of trading on Friday, the S&P 500 Index had dived by -1.67%, or 22 points.  The Dow Jones Index had tumbled by over 209 points, or -1.17% .

That speaks somewhat, to the mood of the auction

Sometimes, the market just wants to come to a grinding halt …

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