...... I may lose money, but regardless of these painful 80 pt moves in the SPX.... UGH.... I wish I was day trading it.......
My thesis till we get to the 1320 range is that we have to confirm the Bear..... 20% decline which is 1220, 11300.
We need that great break down day.... Then I can get bullish.....
I spent some time looking at bear markets, I don't see any reason that that first 20% decline in the bear market isn't in the first 6 months.
there is a lot of work being done trying to manipulate this market, which is very bearish....
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