Once 920 is broken, I do not have a target for the bottom, again. Hope that you are right, so that we can sell into a better risk/reward level
Looks like take back Friday may be in play after a huge run up earlier this week. I look for longs to take profit today ahead of the weekend. i don't think anybody wants to be caught long over the weekend with all of this global economic uncertainty. i think large institutions i.e. hedge funds, mutual funds etc. will take advantage of the higher prices and sell into the close. also the usd/jpy is overbought and falling back down towards the 200day ma. this could be bearish for stocks.
Subscribtions to mich con sentiment report are available for $1000/mo payable by cash to the grad student in dark glasses and wearing an osu sweatshirt on the west stairs of the union, the thursday night before release at 7:00pm. That's the only one I know about. looking for gap fill...
pulse that would be the obvious scenario,another obvious one is window dressing for the end of the month,haven't made a trade yet