RE: NewsI have personally given up all hope and have no doubt in my mind that the update will be nothing short of terrible. The market has already tried to price what is coming our way and may go even lower pending the actual news. The sp is not at a historical low because good news is on the horizon. It is at these levels because those who can influence the sp already know what is coming and have priced it accordingly while not taking it to zero to give some hope to the retail investor. Just my candid thoughts, but we will find out in due time.
Of course idiots like Maysteeler and Taxdemicco will tell us that it is extremely "bullish" when the sp hits zero.