Ghost of Igloi wrote:
Dow closes at a two year low of 15,660.18 triggering a Dow Theory sell signal. S&P closes at a new low going back to April 2014 of 18.29.09. Intra-day low on the S&P goes to a level last seen since 2/11/2014, exactly two years ago. One can look for strength off a floor but I see only weakness off quick sand.
This definitely sounds like a buying opportunity!