How is this mkt gonna close today?

[MKTrader]

I posted some thoughts on the S&P 500 here:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=110842

I don't think a close above the 200-day means we *won't* have another pullback...but a close below it (especially a shooting star type) with the double-top makes it more likely.

 

[MKTrader]

Also, seems like there's got to be some profit-taking into the weekend. This week's euphoria could fade some over the weekend, especially if more credit-related bad news hits the wires early next week.

 

[pumpanddumper]

Dumping into close. A complete 180 is possible.

I am spreading rumors of no rate hike and multiple shoes dropping over the weekend.

Quadruple digit dumping in the Hang Sang Sunday night.