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The Bottom’s Not In——Why This Market Is Dumber Than A Mule

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They were trying to put in a bottom—–again! The sell-off earlier this week amounted to the sixth sizeable “dip” since November 20—-so the market’s ingrained reflex was back at work all afternoon, trying to scoop up the “bargains”. But the roundtrip to the flat-line shown below is not a classic wall of worry and its not a “bottom” that’s being put in. This market is dumber than…