Markets took a nice shellacking today on a strong dollar, weak energy, (Oil and Gasoline), and rumors of a big margin call from a futures trader. The Dow lost 130 points, SPX dropped 14, while the Nasdaq gave up 27 — each was off about 1%.
Is this the beginning of the end? A pause that refreshes? Just another step on the path to QE3 ?
What say ye?
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