Relevant:
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- US stocks close out the worst year for the market since 2008, With Dow, S&P in the Red
- U.S. hedge funds brace for worst year since financial crisis
- China's ‘Black Monday' spreads stock market fears worldwide
2011-01-19 — zerohedge.com
``The Market Studies LLC president told Bloomberg that U.S. stocks are within a week of “a significant market top†that is likely to precede a drop of at least 11 percent in the Standard & Poor’s 500 Index. “I’m pretty confident that in one to two weeks, the market will be in a descent,†said DeMark, founder and chief executive officer of Market Studies LLC. “It could be pretty sharp.â€''
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