Market soothsayers in mass acclaimed financial Armageddon over the weekend. The fear emanating from those most in the know was palpable. Mr. Market is wily. Mr. Market’s assault on the levered long players left no prisoners. Short-term traders, both bears, and bulls, especially those on margin were exposed. Money’s Fear & Greed Index closed Friday at 14 (extreme pessimism) out of a possible 100. The venerable Dow Jones closed Friday at 25,409.36, today, 26,703.32 up 1,293.96, the most in history.
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