Well, We Didn't Get A Euro-Lehman, And The Liquidation Selling Is Now OVER

So Europe’s week is over and we didn’t get a Lehman, so that’s good.

And the liquidation selling is now over?

Why do we think that?

Check out the big snapback in Apple (AAPL), which is up over $5 this morning. That stock had been getting killed on the sell-the-winners trade. At least today, nobody is doing that.

chart

Photo: Stockcharts.com

 

We included Apple in our 12 bellwether charts to watch to see when the meltdown is over >

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