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RE: 3/7/18. Post Market Wrap Up: Stocks "Mostly" Shrug Off Cohn BUT... By Gregory Mannarino
I still think that the market is playing out the traditional deadcat bounce/bull trap pattern.
That is unless the Fed moves in with there trillions and moves the markets back up.
That would come at a price (DXY moving down). This means money would move basically from Joe Sixpack to the Wall Street guys.
Maybe it's the fed getting out.