Trader: ‘This Feels Like A Throwback To The Pre-Weekend Choices We Had To Make During The Crisis’

To be clear, you don't ever want to count out the dip-buyers. After all, this is a market that's been governed by a self-fulfilling prophecy - an ever more efficient dynamic that optimizes around itself precisely because it has to - for years. Recall how we described this earlier this week in a piece about fragility events: The increasing rapidity with which intermittent flareups collapse has been a defining feature of markets over the past couple of years and this dynamic has become especially