major capitulation in homebuilders and banks today - if the rumors are true we crash from here - otherwise sideways action and rallies.
okay to clarify - if we break lows then we crash to 1400 - which is 10% correction or we move sideways and build a base for a rally to the 50 ma or some techical other technical indicator. i'm not saying this is THE BOTTEM though it just feels like a short term bottem.
no i think you wish you could restrain your self from visiting this comedy site. everything is comedy in trading: ET, CNBC, etc. - enjoy it.