SPDR S&P 500 (SPY)

[euterpe1]

Oh that gap above, how I hate thee. I can see going short again if we close that gap above. Sure the fed is pumping money, but if it's to bouy the banks, why would the Nasdaq rally. Many of the bank are in the SPX and this money would not necessarily be going into "the market", but into "the system". Either way it looks like a big mess brewing.

A 3.5% gain in one day is nothing to mess with IMO. You never know after a day like today. Is there more blow off or do we rally nicely tomorrow? I will take what I am given and look for another opportunity.