fwiw - from the piece
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A series of breaks in technical support suggests further losses, according to market technicians.
“It doesn’t look good,” said John Kosar, director of research at Asbury Research in Chicago. “Frankly, you have to look pretty hard to find anything technically that looks constructive.”
He sees another 5 percent to 8 percent in losses in the S&P 500 from this point.
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Recovery Summer ReDuX!!! hey , UNcle Joe!! How ya doin’? Putz.
The numbers do not lie....