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Soros' Selling Of Amazon Position May Be The Catalyst For A Broad Sell Off

|Includes: Amazon.com, Inc. (AMZN)

George Soros exited his entire position in Amazon (NASDAQ:AMZN) in his latest 13G filing. This could finally provide the catalyst for broader fund selling as fund managers may have lost their cover in explaining to their management why they held onto a momentum bubble stock with astronomical valuations after Soros decided the stock had gone to far and took profits.

Disclosure: I am short AMZN.