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Tuesday, August 5, 2014

Market Dump 1:30pm $spy

Wondering what happened that caused the market to spike down at 1:30pm.

Recent news:

1. US general killed, and other high ranking officers wounded, in Afghanistan. (News broke before 1:30)

2. Putin goes to Russian parliament to "deal with Western Sanctions". (Again, news broke before 1:30)

3. First female assistant coach in the NBA. (Markets don't know sexism.)

4. Small US military team entering Ukraine to assist with the crash site. This could lead to escalation and a reason to enter if anything should happen to them.

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