Quote from TGregg:
Quote for posterity. And since this user has placed his view on the line I guess I should as well. IMO we've consolidated today and will tank tomorrow. But I would not be surprised to see additional froth and consolidation in the AM, maybe even all day.
I dunno WTF the market's gonna do tomorrow. I have some ideas, some expectations perhaps, but I am a surfer dude, I ride the waves.
Ultimately, I think we've turned the corner and we're in a serious bear market. New highs would show me to be a piker, but would not dissuade me from awaiting the inevitable high to bear.
want to make sure i quoted it as well.
SPY +1.4%