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I think the SP will initially break down by x%. Then there will be a vicious short squeeze by y% This will go on until it doesn't. Wash, rinse, repeat.

Seriously, is that even surprising, at this point in time? Quit being a lagging indicator. :D

Still, the selloff is pretty mellow considering that we took out the Wednesday's low.

#26) Long 3621.50 Win/Loss: +0.25 Total W/L: -8 I think I'll close shop for the day. This POS turned out to be a real crapshoot.

#25) Short 3621.75 Win/Loss: -2.25 Total W/L: -8.25

#24) Long 3624 Win/Loss: +3.75 Total W/L: -6

#23) Short 3627.75 Win/Loss: +4.25 Total W/L: -9.75

#22) Long 3623.50 Win/Loss: +2.75 Total W/L: -14

#21) Short 3626.25 Win/Loss: -5.50 Total W/L: -16.75

#20) Long 3631.75 Win/Loss: +5 Total W/L: -11.25

#19) Short 3636.75 Win/Loss: +4.50 Total W/L: -16.25

#18) Long 3632.25 Win/Loss: +2.75 Total W/L: -20.75

#17) Short 3635 Win/Loss: -2.25 Total W/L: -23.50

#16) Long 3637.25 Win/Loss: -4.75 Total W/L: -21.25

#15) Short 3632.50 Win/Loss: -2 Total W/L: -16.50

#14) Long 3634.50 Win/Loss: -1.75 Total W/L: -14.50

#13) Short 3632.75 Win/Loss: -2.75 Total W/L: -12.75

#12) Long 3635.50 Win/Loss: +4.75 Total W/L: -10

#13) Short 3640.25 Win/Loss: -6 Total W/L: -14.75