I actually expected it to tank more than this today. I think this week will be one of the most interesting this fall, and that we'll probably see some form of capitulation very soon.
I guess you weren't in front of your screen with 5 minutes left in Friday's session when we fell 2.5%
Got a good laugh. So true though. I think this market needs to break again before we move higher. Its coming, everyone is waiting for the rally and it hasn't happened. With no good news in the pipeline we a set to fail the oct 10th lows.
They don't heal after the same procedure is performed a hundred times, in the same spot, with no results.