We pulled into the drive in theater and the movie "how low can we go" was playing. Suddenly the lights went out and a sign said "to be continued"
My take on this drama is we need a lower open to rally, or stand aside .
Why ? I looked for 1% upvol we got 7%. That is equal to 8-30-10 action.
I will not dwell on this. We either open with down gap 8 to 16 SPX points or the low could be near the close and Thursday is low AM or something else is happening.
Looking at Futures at the moment looks higher open.
See you all in the am. I need some sleep.
Jerry
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