Finally, reality

I guess investors have discovered some sense of reality given the market sell-off today.  I have been warning about this for weeks now and only the most hopeless, self delusional bull could have thought the recent rally would extend itself.  All that trash talk about money on the sideline just waiting to be invested!!  Indeed, all that money is on the sidelines for a good reason.  Lots of folks just don't trust the market and they are right.  How deep this "correction" goes is up for grabs but for my part I believe that there is significant downside risk in the market. 

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