Thursday, September 22, 2011
The dow just went below 10,700 down over 400 points while the mlp index is back to its lows of the day down over 10 points. We're down 900 points in 2 trading days which is a lot so a bounce of some sort could come at any time but if we get one it will allow traders to sell out and get short again. Down 425 at this point. 10,700 is trying to hold here. And btw rallies may be measured in a matter of minutes or hours in this type of selloff.