No surprise...

B2 Bomber Ben kind of admitted recession by using contraction instead of the "R" word. All in all, a gloom and doom picture of the economy. Today it traded above pivot most of the time. Shorting it was patience testing. Though eod selling was to be expected. At this junction, a couple of more days of rise is to be anticipated till unemployment Friday. Especially in light of the after hour RIMM good earning report. If you look at the chart posted today you will see another upward sloping bearish channel and the estimate is downtrend starting Friday or next week. This will probably coincide with the earning season. If any of the prophetic guess of another lower leg coming, this is judgement time. Tomorrow's numbers are 638, 634 and 630. Play the numbers and you will not get hurt.

2c