if it happens at all..it could be tomorrow

Quote from brokerboy:

What’s a black Wednesday to you anyway? I think the S&P going down 15 points is a bad day and it’s done that a lot lately. I don’t think your going to have a market down day of 40 points on the S&P.
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the us markets are lagging the global downdraft ... i think 40-50 points down on the sp is plausible...
 
We're gonna sit still until everyone gives up. Then we'll rally, most people here will chase the move up after missing the setup, then someone will create a thread titled, "100% up room to go." Then we'll sell right back off to settle the year between the low and high.
 
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