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@ClayTravis The landscape is heading in the opposite direction. The conference structure is falling apart and ND likely has the right idea being independent.
@Boness305 This would have tied the game and given the ball back to ND with 2-3 mins left. It looked like a catch in slow motion, but it looked like a drop in real time. I would have called it a TD myself.
@stoolpresidente Firing whittingham right now would be a total panic sell and make Ann Arbor look like a Sesame Street episode. Plus, No respectable veteran coach would want to be there with Cookie Monster calling the shots…..
@Gubloinvestor The war in Iran was completely necessary due to the need to control the Petrodollar (look it up). All wars in the last 20 years are about oil and who controls it. The Weapons of mass destruction is the standard lie. Iran won't be the last war that seems unnecessary.
Black Monday saw a 47% drop in the S&P. So, this is child's play compared to what those guys delt with. Plus it was much more time consuming to get out of a position for most people, you could not just liquidate in seconds.
Right now $SPY is at about 738, the big 100D average is at 730, I would think we get down there in the next week or so, if not this afternoon. Trade accordingly.
These are the times that you don't want to fish for the bottom. Let it play out and get in on the upside, whenever that is....LOL. I suggest using the 4 hr chart, it shows the over night moves and gives some longer term perspective, plus it shows there is more room to the down side.