Red

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Man… that sucks!  So sorry for those guys, and the guy that has to tell them.  Bad economy caused it I guess… bummer.

Not yet, just got back from a meeting with an associate,he has a tough day ahead of him.  Has to fire four guys that have been with him for 22 years.  He looked like death warmed over.

Short term rally, this day will be nothing to write home about. I feel like it will be another whip saw day with the bias down.

I also seen a 117.10 print afterhours yesterday but it’s gone now.

If it was not for my computer freezing up, I would have been flat for today. A small position long from near thurdays lows.

Afterhours yesterday we had a 114.59 down print on the SPY, and this morning we are right around that level and could open about there…  funny!

SPY Charts: http://niftychartsandpatterns.blogspot.com/2011/09/spy-analysis.html