
I have quite a few replacement candidates for the 3 names sold off today; just trying to figure out if this bounce off the 200 day moving average in the S&P is far too convenient to be any sort of real bottom. It seems so to me. Let's see what the market does with S&P 1120 which was the bottom of the trading range the past week as it approaches it from below. Quite a 2 day trading range, from S&P 1148 yesterday morning to 1100 mid day today (4% swing) ...
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