Missed my 1184.25 long by two ticks. Dammit. You need to be surgical in this market. [The market is always giving out clues. Look at the previous action and you'll see why it was a good idea to buy that pullback. ]
Beware of the reverse Bradley effect. Since everyone now thinks the same way as you do, I wouldn't be surprised that this market does in fact crash (well, only until you bail out).
No matter how you cut it, it just ain't going to stick considering that today's Friday. I think we'll close at the low of the day and the LOD will be somewhere in the low to mid 30s. Just my humble 2-cents.
remember about what i said earlier about the charts being off. well what you see is not really whats going to happen. the only way we see a rally is if shorts begin to cover. however i believe there is a mountain of sell orders coming within the next 45 minutes. it may be the most frightening event we have ever seen. again i really hope that im wrong. i have no positon as of yet. i do have shorts orders sitting right below the low of the day in both the ES & YM.