It closed down 27, not flat. Anyway, I'm expecting and hoping for a dip tomorrow to get back in. Doesn't look like Asia is recovering at all.
We had a nice ramp off the lows into the close. Not huge, but still nice. We could see a gap down tomorrow. That would be another buying opportunity.
Janet, unlike Bernanke does not allow a single day of red. She wants any and every dip to be bought immidiately. No more than 20 minutes per dip. It's all about confidence.
Range has become too narroe to trade. I miss the good old days when we had a 1% or even 2% dip once or twice a week. Now we can't even get 0.5%.