Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
First time since 2007.
I didn’t watch CNBC this AM but heard hedge fund manager Ray Dalio turned constructive – he was more or less a bear/neutral type for a long type. Last bear not at zerohedge I guess can turn off the lights now.
This is now day 7 in a row of gains for the S&P 500, very rare to get 6 days and the 7th is traditionally a loser. Unless things change this afternoon that pattern is not going to be true today.
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