Smart Money...
No, I took some profits in the afternoon swoon to give me peace of mind for the long weekend. Unfortunately for that peace of mind, the ramp/paint job into the close reached out and grabbed me, forcing me to reenter some short positions against my will.
Another fine day for the bears, especially in the tech sector. I look for more of the same, although news over the weekend could move the markets either way Tuesday. This may sound strange looking at the market the past few day, but I tend to think that options expiration helped the market and kept things from being worse - no scientific data to back that up, but my experience is that when the market has had a near expiration turn down off of a good rally, the overall pull of options expiration is to the upside.
Have a great weekend.
mlsoft