There was definitely some panic in the markets this morning, after having a second 90% down volume during the last 11 trading sessions. The international markets fell again on weak economic data. Germany is now down 20% from its recent high, and is in a bear market. We also had two technology companies preannounce bad earnings this morning, which has put pressure on the Nasdaq. The very exuberant sentiment is turning a little less positive.

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PVG – Equity Income Market Update (October 2014)