S&P 500 Looks On Edge (May 16th 2011)

ES looks like its on the edge of a cliff. I'm expecting a hard selloff into the close. If we have good volume, we could see a big drop tomorrow.

Post your thoughts!!!
 
Quote from 1a2b3cppp:

I'm hoping for a big drop so I can buy more at a lower price.

Same here. The fed won't let this market go down in the long run right now. However, I think we are in for a capitulation down day to scare some people out, then rally it hard.
 
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