Well.... I got my rally yesterday.... but no failure. That makes me wish I had not increased my short to 50% position, and it also appears as if I will get to add at higher prices. As I noted on Friday, I may regret adding on the break down, but I am just going to have to live with it. CSX was yesterday and some banks today.
We may get up to 1170 SP and 1930 Naz. I have posted earlier that it would be ironic that we bottomed at 666 on the SP and we may top at 666 on the Russell 2000.
Dollar is strong this morning. China has reportedly curbed banks lending until the end of the month.
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