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From time to time, such as in this post, I mention that just as lifetime highs tend to beget (if I can get Biblical on you) more highs, likewise lifetime lows tend to beget new lows. I offer you Event Brite, which was specifically cited in the aforementioned post, as a splendid illustration of this, as the bottom utterly falls out.
It’s pleasant to open up to a regret-free morning. What I mean by that is that, all too frequently lately, the first impression I get from the morning quotes is that I’m not nearly short enough or otherwise positioned badly. Today, however, the market is modestly down, which means my positions are good yet I have the opportunity to get more aggressively where appropriate. Below as the /ES and /RTY overnight. As you can see, the /ES made some attempts to reach escape velocity (above the green line) but persistently failed, and the /RTY merely managed to close up its Sunday price gap.
