No. In fact it supports that thesis. I am a bit surprised though. My call stands, but the danger of the period is why i recommended holding alot of cash, and getting ready to buy a dip, rather than loading up the boat with shorts. If I end up being wrong, I'll only lose "relative" money.
The tick data today is astonishing. We've been over 1200 seven times, and have never spent longer than a few minutes below 400! We should be up about 400 dow pts. weird. smells like distribution.
edit:
ticks rolling over now a bit. can you imagine how it'll look on a chart if this got sold hard on the close?