Having Avoided a Dow Theory Sell Signal....I'm Getting Too Old for This

From iBankCoin:

Cashin: We Dodged a Bullet

Rumors of derivatives in Hong Kong. Today’s reversal from -566, allowed us to avoid the ominous “Dow Theory sell signal.”
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Watch what happens in Asia tonight.
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Oil’s rebound is what drove today’s rally.
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Had we broke 1,801 on the SPY, there would’ve been dragons in these lands....MORE