so....

Maybe I'll get to a chart..... I will expect maybe a 10 minute sell off... as some fool bears jump in at the open...

150 point sell off in one move is a big move... and a bounce should happen... With futures down, shorts will have to take profits and longs will jump in. We will get a bounce in the first hour or so....

Hopefully we will see that develop into a Wave 2 of this sell off....... After this trend is over.. we should come back at the 1400 level.... I'm suspecting we will make a new high then.... but that will be it....

My suggestions would be to play defensively Till we get a serious uptrend after a few days of this.

Bulls will also be embolden by this stupid idea of "Up on Tuesday" trend we have had, that cnbc has so wisely been touting....

Hopefully we will see our lower high and start pulling back somewhere about 11-12. eastern In fact.. I say 11:30