This 3 day correction is the sharpest since Feb of 09.....major hit in all indices....
Internals were weak BUT still not extreme..4.54 to 1 lead by declining stocks in NYSE & 2.70 to 1 in Nasdaq....
Volume was less today than Thursday...a hopeful sign...
VIX jumped 22.63% today closing @ 27.31...a major sign of PANIC back to back two days in a row.....
As a sector only Gold stocks were showing some pulse......
By noon on Saturday..I will list buy rated stocks.
BLOG does NOT give buy or sell.
Saleem
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