I think this sell off will now be an excuse to where they can claim the end of year santa clause rally. Where are all the talking heads on cnbc now with their talks of a melt up into the end of 2007. FOOLS.
Yeah, and if everything goes their way and nobody makes a single false move we could even end near 14000 by Xmas. Now what kind of a Xmas-present is that? We were there 3 weeks ago!
What is funny is how CNBC was all quiet because their big party on the $100 oil news was quashed yesterday - despite the real news that was unfolding. LOL and today they say "We are seeing some selling due to Bernanke testimony and Chambers comments." Look at the price and volume action from the indexes coupled with the flattening of the StckTr3r Fund and well - most or perhaps some have seen this before. Paysense