to put things into perspective.the nasdaq lost 125 points from the 1966 top to the 1841 low yesterday.
i think they're going to try to hold the 50dma now.
we might get a bounce soon.
but.more earnings are coming too.
and if the dollar cracks hard........
i don't think we have much more than a short term oversold bounce coming.
just my opinion.
THE PIPER WILL BE PAID
Brothers, sisters, husbands, wives
Followed the piper for their lives
From street to street he piped advancing
And step for step they followed dancing,
Until they came to the river Wiser
Wherein all plunged and perished