All the hopeful long stocks looking to sell to other suckers above 1300 are now the bagholders. Their last hope is a sell the rumor, buy the news reaction to the expected horrid jobs report. Any rallies from here on out are sucker's rallies. Sell all rips. And only buy dips on extreme selling, which would require that we break 1200. US is not going to be the first one out of the global recession, are you kidding me? There was so much credit excess that it will takes several years to work off, it has hardly been a year already. Remember, sell off didn't begin till late July 07. More pain ahead.