TSP Talk Blog

The selling continued on Thursday with more deep losses and once again I'll say this seems to be the price the market is paying for 15 months without pullbacks and corrections, and it is now officially a correction (-10%). They happen, and many expected it, but when it comes it is still a shock to the psyche. Support levels were thin and that created a vacuum on the down side so two plus months of gains were erased in a few days. The Dow lost another 1033-points or 4.2%.

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