By SIMON CONSTABLE
Important question for anyone with money in the markets: Did we see a capitulation Monday? If we did, it wasn’t a mega capitulation of the types which mark major turning points.
Yes, Monday on the Dow Jones Industrial Average plunged more than 1,000 points at the open and indeed it does seem to have been at least a temporary turning point. As I write, stocks are continuing to rally. But I don’t think it was a capitulation.
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