The New CS Board

[Wishthiswasmyjob]

and to me, IMVHO, the 10 day, the 1 month, the 3 month charts all look bearish...

we're back up to solid resistence, from 1515 to 1530.

Selling volume has dominated the past month of activity.

I again wonder what this last hour will bring - getting to safety or exhuberant optimism chasing greed... again.

So much seems to be pinned on hope here, to me... and in Ben we trust - even as we have seen poor forward guidance from companies.

There's a big part of me that thinks behind the scenes, the Fed and Ben included, knows their pumping is becoming futile... It takes alot more juice to get from 80 - 110 mph, than it does to get from 20 - 50 mph.

And the macro picture is not getting better... Many companies reliant on Europe and it continues to wither - and I just don't feel the USA is "currently cranking".

Sad state of affairs when even a 1% risein interest rates would crush our debt obligations.