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Home > Nasdaq Opens With Biggest Gap Down Since January, Dip-Buying Panic Ensues

Nasdaq Opens With Biggest Gap Down Since January, Dip-Buying Panic Ensues

By Tyler Durden
Created 07/22/2015 - 08:35
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 07/22/2015 08:35 -0500



 

With ugliness in AAPL and MSFT, Nasdaq has gapped almost 2% lower at the open - its biggest drop since January... So what else would one expect but an algo-driven buying panic at the cash open...

Biggest gap down since January...

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Means BTFD in size...

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Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-07-22/nasdaq-opens-biggest-gap-down-january-dip-buying-panic-ensues

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[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10969
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/07/20150722_nasdaq1.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/07/20150722_nasdaq2.jpg
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