The market had a pretty good sized down day today. The major averages closed off the lows of the day but down almost 1%. Volume was down so there were no distribution days today. The leaders outperformed, mostly due to TZOO. The leaders index rose .75% on low volume. The market remains in limbo while we wait to see which way it breaks. The S&P 500 closed below the 50dma, and if I had to guess I would think it will break down. Jerry
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