Predictions?

What are you expecting from the markets today? A bearish repeat or a bullish stampede?

My thoughts haven't changed since yesterday's close:

 

If you are going to listen to me, bearish, so I can make some profit

 

Here comes the panic...

 

Well, I listened to you... What was your point?

 

up early, down for the day

 

Gonna be a bumpy ride today!

 

Now that's an understatement!

 

nothing ... just trying to get more people to believe it's bearish ...

 

Suckers rally early on with a selloff by the end of the day.
I think the DOW will correct to the 11,600 to 11,700 area.
It will take out 11,700 but stop falling before 11,600. Not today of course, but within this correction.
IMHO

 

We'll see a 10% correction. Easily. Maybe more.

Look at new home sales, PMI, and revised GDP - all terrible.