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Originally Posted by coolhand

What comes after silly? Insane?

I've been saying for a few weeks now that this market could get silly to the upside and that even the bulls may be shaking their heads at some point. I saw this coming, though I don't make predictions. I just share my expectations based on what I'm looking at. My perspective is shaped by more than just the elements you read in my commentary. I know the matrix.

So, just when many were thinking market exhaustion, boom!; we get another

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Stocks opened sharply higher yesterday, but oh those emotional Monday morning gaps. You can't always trust them and yesterday's gap got filled late in the day as the Dow and S&P 500 gave up their hefty early gains and closed with modest losses. The Nasdaq was the leader as the stay at home tech stocks did most of the lifting. The Dow lost 185-points. Small caps also held onto a nice gain, but closed well off the morning highs.

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