Ponz were are you seeing or hearing this from? I think with the last 2 days action AT 58 more or less was saying correction is coming? With the earnings talk hope it's no more than 56 55 area 55 would be great wouldn't it? Thanks for the info .
Just from the headline news on yahoo today. There were a number of reports all stating that we will be down YOY and from that, it should surprise NOBODY because of that telegraphing. Now if the market makers can manipulate it to their advantage for a short period, we know they will. Its impact should be limited. I am with you that 56/55 area would be great and if they work that area, fine. Just no protracted grinds or reversals. On a separate note, January volume looks to be coming in around 3% lower YOY and that does not include todays trading.