Even without fed intervention I don't think most shorts realize how painful the coming days will be. Unless you have profit locked in good luck shorting at these levels. An official bear market would look very bad for the McCain campaign. It won't be allowed to happen which is why I'm bullish.
i think today is stock's last day here but stock dont go its no fun without u.... xlf making lows so i think today we close below 1252
stock has gotten out of far worse situations. Even if S&P is at 1230 5 mins to close, I would not write him out. If it was 1229, ha!