A part of me wants the lack luster demand we saw on Oct. 14 as foreshadowing the decline we saw yesterday. However, I am one to chalk it up more to chance more than anything else.That said, the market declined fairly significantly in yesterday's trading, falling about 70 basis points, with all sectors selling off.
The sell off occurred as demand apparently evaporated. I am am not putting much weight in these results, or the demand/supply over the last few days with the problems in Washington essentially leading volume flows (or lack there of) across most markets. We will likely see information released in both price and volume as we approach and/or pass the zero hour.
The sell off occurred as demand apparently evaporated. I am am not putting much weight in these results, or the demand/supply over the last few days with the problems in Washington essentially leading volume flows (or lack there of) across most markets. We will likely see information released in both price and volume as we approach and/or pass the zero hour.
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