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FLASH COMMENTS:

Well, here we go again. 

The S&P 500 has begun another tactical oversold bounce after holding the 3900ish technical support level.  The U.S. Dollar also appears to have stalled after reaching an overbought condition, and lots of forecasters and talking heads are talking about excessive levels of pessimism, which has energized the bulls who were a bit beaten up since Jackson Hole. 

On the way down from the recent August 16th peak, the worst performing sectors were ...

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