S&P broke 2045 at day's end...
>><(*&^% not happy about it. it was the low earlier in the day and then went up but the tide turned and closed at near 2042. so it would appear to want to go down further tomorrow. can easily see cxr testing the 50$ tomorrow morning and who knows after that. like most stocks, it has a certain correlation to index. this market needs medication for it's bi-polar sickness. the first line in the sand did not hold. second line is a 50% pullback from 1993 to 2076= 2035. just posting likely scenarios but in the end, nobody really knows. it sure does play on the nerves, doesn't it. not="" happy="" about="" it.="" it="" was="" the="" low="" earlier="" in="" the="" day="" and="" then="" went="" up="" but="" the="" tide="" turned="" and="" closed="" at="" near="" 2042.="" so="" it="" would="" appear="" to="" want="" to="" go="" down="" further="" tomorrow.="" can="" easily="" see="" cxr="" testing="" the="" 50$="" tomorrow="" morning="" and="" who="" knows="" after="" that.="" like="" most="" stocks,="" it="" has="" a="" certain="" correlation="" to="" index.="" this="" market="" needs="" medication="" for="" it's="" bi-polar="" sickness.="" the="" first="" line="" in="" the="" sand="" did="" not="" hold.="" second="" line="" is="" a="" 50%="" pullback="" from="" 1993="" to="" 2076="2035." just="" posting="" likely="" scenarios="" but="" in="" the="" end,="" nobody="" really="" knows.="" it="" sure="" does="" play="" on="" the="" nerves,="" doesn't="">