Black Wednesday…

Posted on Oct 11, 2018 by in Letters

Is any commentary needed?  The crack we commented on several days ago grew into a chasm--today 831.83 points, 3.15%.  You should notice the simularity between this nascent formation and the action of Jan-Feb.  Neither sell off is preceded by a top formation, but erupts almost without warning  --except of course the broken trendlines.

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