Another stunning US close.
Exhibit A: Dow Jones, 30 minutes intervals, 8-22 October
Large final minutes 200+ point upwards scramble and the cat still hisses above some support. Some signs, though, that the splat to 10 October lows cometh.
- JM Keynes, The General Theory of Employment, Interest and Money, 1936. I forget which page.
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Oh its just signifying the most volatile phase of the market.