Oil really was'nt the straw for this big fat camel, that breaks it's back., it was the bloated stock prices that gave a no value proposition to investors that i've been harping about. today proves it, oils going down, unemployment up, back to normal trading methods, and focusing on the next quarter earnings.. which comps are going to be danm near impossible to beat. just go with the flow investing is over, nice run for 6 months with uncle beenys' help, but that train is coming in for the last stop.
Sorry bears, but covered my shorts 1298ish on the ES (my close call from yesterday) and am bullish here. Do not be greedy till we get a close below 1300. 2 o'clock pomo schedule is critical to follow. I am a big chicken on the bull trades though, so profit stops already in - short below 1300 and long above for now.