Billionaire David Tepper says stock market tumbled too sharply Monday — so now he’s ‘nibbling’

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Hedge-fund billionaire Tepper says stocks have tumbled too sharply today

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We have mentioned the July 2015 area around 2125 on the S&P as a logical first stop although the August 2016 area around 2193 is another choice. As always there could be good trading bounces from other areas, we will be watching for panic and VIX indicaters.

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