As is always the case when people are expecting a deal and the deal is delayed or shelved then you would expect some selling. I think that because we have all been waiting so long for this announcement when it didn't come in the way people had hoped it got dumped.
The issue will be how it performs today. After such a severe decline most stocks will have a reasonable rally today I would expect to at least 5.5 - 6.0 area.
Lets see. I hope I'm not wrong and we get another day like yesterday.
As is always the case when people are expecting a deal and the...
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