today ... and at least 2 or 3 points in the S&P. There is a great deal of panic as some thing the DOW could lose as much as 11 points.
About due for a pullback in the S&P500 - more like 5 to 10 points.Overbought since 2/1/11, but money on the sidelines will contain steep selloff, as has been the case previously.Maybe this correction can last a couple weeks.
I think the correction could last between 30 to 45 minutes. CNBC just reported that there is 10 TRILLION IN CASH waiting to buy stocks and it will be leveraged to 90 TRILLION ... makes sense, right?
Yes, this roller coaster is getting to me.