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akchin | 6 years ago

He is talking about Monday not today, Tuesday. RH didn’t work on Monday either.

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UncleMeat|6 years ago

Yes and the point is that today it looked the same as yesterday in the morning but it didn't turn out to be a bounce. It wasn't "obvious" that everything would rise on Monday. Only in retrospect.

kortilla|6 years ago

Yes, there was nothing “obvious” about the market on Monday morning. Saying otherwise implies the ability to predict the market.

harikb|6 years ago

I think they meant to say the “loss makes sense”, not that Friday/Monday’s move was predictable