The really crazy thing is that it reached all time highs on essentially the same news that caused its sell off.
Everytime we get below 4% unemployment its not too long before we hit recession. Rates start rising, smart money liquidates to buy the next recession.
The question is whether the run up was more irrational or was the sell off more irrational? When you look at the long term - 5 year - chart, it is still bullish.
You selling today?