I came so close to putting in a cover on QCOM earlier at 34.75, but the TICK was being so weak today, I let it ride. And then it dropped under 34.50 and I almost couldn't stand it, but the TICK confirmed by the PREM was still weak and MSFT started putting in new LODs confirming the other two. Managed to pocket about an extra .40.
Think of it as telling you how hard is it raining out. And is that INTC putting in a new LOD in after hours. Futures closed down 3.15 at 873.30. Pretty weak, and now I see the DJIA, SPX, and OEX all closed on the lows basically.