QQQQ and DIA finally broke their 8 week winning streak but in a somewhat pathetic way -2.5% and -1.7% respectively. I wanted to see more blood, but this market can't go down in any meaningful way. Next week I expect to be flat/down and WIDE Range. On the one hand, the clean bull run seems over and there is obvious damage to the bullish charts. On the other hand, we have too much fear that accompanies relatively small drops in the indexes. The most recent example is from this Fri when VIX went +20%(!!!!) as SPY lost only 1.7%. The most recent example before that is from Tue when VIX shot up +30%. The excessive fear from Tue resulted in a strong 2-day bounce. The bottom line is that the coming week may be similar to this one. The volatility could go higher still. We might even see some crazy daily ranges. Unless there are major NEW news, the market may finish the week flat. Now about possible NEW news: Greek riots: "...News of the additional austerity measures provoked an angry reaction from trade unions, which are organizing a general strike for May 5. Demonstrations are also planned for Saturday, which is Labor Day." Even though the general strike is on Wed, the first mass demonstrations are on May 1st. I speculate that there is a distinct possibility that the crowds could go nuts tomorrow.