Ok... Some Jibber Jabber

I'm not sure we realize how short term oversold we are. There is almost a Guaranteed bounce out of it.... Famous last words.... Not sustainable, but...

If we are to trade "Counter trends" we should stick to trading intraday. I could argue better for the bounce if we ended on the lows.

but it is a good setup for a morning sell off for 30 minutes then a rebound. Unless we gap down.

The thing to watch is going to be for bounces out of banks. They should be some form of "Range Bound"...

I also think some of the sectors will under perform tomorrow, it will be interesting to know which ones. The chart here shows Real Estate... all you guys in FAZ, and aluminum and home construction... Marine Transports... of note is that the Baltic dry index is turning up. Transport s may be something to watch.

My more detailed list shows, Casino's, industrials, Office equipment Oil exploration basic resources..

The Dollar is showing significant strength... I wonder if it will maintain.

If we are looking for Out performance, we have computer services, utilities, health care. computer software