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Updated about 16 years ago,
Could This FINALLY be Capitulation?
The stock market dumped all over itself today and if it does not bounce back tomorrow (fingers crossed) we may actually be close to capitulation.
Once, if, that happens we will bounce a round for a while then the beginnings of a recovery will start to peek out of the rubble.
The stock market is always a leading indicator, the economy as a whole has at least six to nine turbulent months ahead.