Appears that we are getting some nice price action, to the downward rally. Ben stated that it will take longer to recovery than planned. Where you surprised by this comment, I believe not. The market machines have taken over and with the summer light volume this can push this market around, like not other. Tomorrow we should see a continuation to the down side. But, Housing, Job's # and Big Ben speaking for the second day. We will have to see where this market takes us. Some more bigger tech names reported their earning after the bell and, it appears that were in a sell the earnings news phase of this market. I would prefer scalp and 1-2 swing trading to stay out of this mess. However, take what the markets give you, don't be greedy . . . . Would like to see this market trade downward to the 100-98 level for the SPY. Time will tell on this one.
