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October 13th, 2014 at 4:18 pm
Big push down into the close = BAD!
Blow-off bottom/MrM – That's the usual pattern but that close was really awful. Volume was 215M at close, that's heavy but I can't even see what all the selling was about. No fish is too small for these bots.
Ebola/Craigs – It's not a needless panic. They are NOT controlling this in African and they will need insane amounts of supplies to get it under control or it will begin popping up in other countries. The chance of it spreading in the developed world is slim but it only takes one case in London, one in Paris, one in Berlin… and people will really start going nuts.
Someone in Boston is isolated now.
Poor GPRO – 10% Rule for today indicates more follow-through to the downside.