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This Is a Hitchcock Horror

The Compound and Friends

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The S&P 500 Is on Track for a 2 and a Half Percent Gain for the Second Day in a Row

The S&P 500 is on track for a two and a half percent gain for the second day in a row. This has happened only 11 other times when below the 200 day moving average, which is basically what I was saying in a bear market. The way that he quantified this is beautiful. On average, you get another 16 percent downside for 52 more days.

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