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It’s A Broad Based Sell Off, Now What?

Today, the major stock indexes are declining sharply lower in broad based fashion. Almost every leading industry group is under pressure. Recent sector ETF winners such as the Energy Select Sector SPDR ETF (XLE), SPDR S&P Retail ETF (XRT), Financial Select Sector SPDR ETF (XLF), Technology Select Sector SPDR ETF (XLK) and others are all trading down by more than 3.0%…