Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
This pullback is a bit more severe than probably most bulls would want. The entire Fed sugar high from last Wednesday has now been erased. At this rate the rally from a week ago when Larry Summers was pushed out the door for Fed chairman also might be retraced. A lot of individual names have seen a lot more damage than you’d expect in a 3 day pullback. Interesting to see.
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