Wow...i can finally sleep tonight. i ahve been looking for this for a while now. finally came...the bear stars are lined up...and we are getting bearish triggers. Comments on todays action? I went heavily short (fully leveraged) in my personal account last night. (i can gamble with my own money) and went 50% short (institutional fund that i manage) this morning...the other half is in cash, and if jobs reports are bad...will go 100% short next week for the next 3-5 months. 1. I thought the bond market has been quite telling (insititutions loading up...takes a lot to move bonds) 2. weak dollar (if you call it good or bad) has people spooked 3. the obvious overbought conditions 4. inability to make higher highs 5. Doji yesterday on the daily 6. decent odds of a bad manufacturing reoprt today... 7. and more bearinsh gesturing towards data These thing made it a pretty safe looking short trade today. i will finally have a relaxing weekend... anyone else?