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New York
Tuesday, November 26, 2024

Rubber Band Snapping Back

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

This reversal in the past 15 minutes is why it is difficult to be short in such a negative tape – the dead cat bounce, snap back rally potential is immense.

It would be nice to at least fill this morning’s gap.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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