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Interesting Chart

Reader Ryan sent this to me..

Wall St. Newsletters

Check out both the huge volume and sell-offs at the end of the day recently.

You can view it here

The lesson? Until we get a string of days that do not nosedive at the close on huge volume, buyers might want to be cautious. Now is not the time to select index funds in the S&P (.INX) or Dow (.DJI) as they will plummet along with the market.

Now is the time for stock selection.

Disclosure (“none” means no position):None
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