The market dropped again. It happened right after the AHM declared bankruptcy at the noon time. Somebody said it might be caused by some hedge funds were liquidating. But anyway, it is definitely a hard-time, in top of just loading up with a bottom fish mentality.
Now, Carl stated that the bottom was just a few points away. The CNBC's fastmoney guys are scared, and they said that if the market lower at open tomorrow, they would sell SPY and QQQQ.
Let's see.
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