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Strategies & Market Trends : News Links and Chart Links
SPXL 225.47+0.5%Nov 3 4:00 PM EST
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To: Les H who wrote (29456)8/21/2025 9:51:53 AM
From: Les H  Read Replies (1) of 29592
 
The old IBD and CANSLIM rule of thumb is that there needs to be a 1% one-day decline to signal a correction. For a bear market or a major decline, there needs to be a 2% decline. MAGS, or Magnificent Seven etf, is hardly down today but the broader market is taking it much worse than the last two days.
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