Tomorrow Black Friday? (I personally don't think so, but I guess many have such fears for tomorrow because of the developments this week; ie. terror warnings, soaring oil prices etc.)
Yep. We're overdue for a real panic sellout. So let's all take our medicine and get it over with so we can get back to business. A 275 point selloff would be just what the doctor ordered. Oil prices will then pull back, and the market will rally 500 points in a week. You read it here. LOL.
We do have the potential here for a very rough day tomorrow, and the ES May 12th LOD was at 1075.00 so we are sitting in striking distance of a real bust tomorrow. The "close above 1100" failure yesterday was the icing on the cake for me to ride this baby Short!