We Just Witnessed Something Not Seen Since the 2008 Collapse
Friday, January 8, 2016 8:13
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from King World News
We just witnessed something not seen since the 2008 collapse.
December 8 (King World News) – Jason Goepfert at SentimenTrader: Early-bird traders have shown some sense of panic. U.S. stocks have opened more than 1.5% below the previous close on three out of the past four sessions, a rarely-seen level of pre-market concern only seen when traders are fearful of a broken market structure or global financial crisis.
[...] Even during the depths of a bear market, though, consecutive gaps down like the past two days have recovered enough to close the gaps every time, usually within a week, some comfort for short-term bulls at least.
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Source: http://financialsurvivalnetwork.com/2016/01/we-just-witnessed-something-not-seen-since-the-2008-collapse/?utm_source=rss&utm_medium=rss&utm_campaign=we-just-witnessed-something-not-seen-since-the-2008-collapse
