This markets taking a dip here.......ummm... more like a nosedive straight into concrete. All stocks are coming down strongly. The only thing that's at least somewhat immune is oil, gold, nat gas, and a few select medical device (IMA) type stocks. Otherwise than that, you're feeling the pain on the long side.
Just some thoughts...
NMX is coming down to support again. Feel free to short that sucker down to the low 120s. It's currently at 125.84.
Nothing is holding 200 smas or 50s. So I wouldn't trust those type support levels at this point. Chances are they'll break.
Watch ALU continue its plunge.
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