Big Moves are healthy
I'm not sure why a break below 50K is worrisome. From a 35K foot view, we have a lot of room to jump around before any doom and gloom can be sustained. Even a regulatory buzz (which I suspect will bring us below 50K) will only be met with acceptance (which is already happening) by that same regulatory board. I suspect a lot of theatre in the next few days with a lot of buying opportunity.
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