The stock market is not a rational human being, and it shouldn't be treated as such.
The anomalies tell me there is little rationality to the prices of oil and oil service companies right now.
They are easier and less contagious than the techs, and the polar opposite of the banks.
It is refreshing to finally have some decent downside action.
That's been the theme now for weeks, as the president has lost Republican after Republican.
Getting paid to play is the goal with this strategy.
Both bulls and bears are playing lousy offense and defense.
When this market does undergo a significant correction, there will not be any obvious trigger.
One year ago, there was a surfeit of DRAMs and Micron's stock traded at $9 a share.
Blink and you could miss it; but it could turn out to be significant.

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