Well what do you expect when you get bitch-slapped 3 times real hard in a matter of 90 minutes. Jobless claims, Philly Fed and Leading indicators were rough, like wiping with sandpaper! 
Reading market analysts and blogs this evening was like watching a tennis match…I can’t tell if this is the begining of the end, or the end of the beginning. Is this the start of a larger run down, or a selloff before the run-up?
I played the countertrend today with entries and exits in BGU and SSO…just some scalps, but did end the day buying a quarter position in BGU at 43.77 which was green by the close of afterhours trading. Since the market hurt all the bulls today, it probably wants to hurt the bears on Friday.
Today’s volume was the highest of the week and the Advance/Decline Volume was very negative at -12:1. No news on Friday so it’s all up to OpEx Friday to drum up the business. Maybe a few more M&A announcements can get the bulls all riled. 
Sometimes, entranced by the screens, watching equities, options and futures change colors, charts moving in a wave, and indicators pointing in every direction, I just have to scream....
