There was a big intra-day reversal in stocks as Benny failed to provide any QE Christmas Candy in the FOMC stocking today.
The index fell out of its triangle. The bulls have their work before them to save the day and get the Zynga IPO out the door.
"Peace cannot be understood as the forced silence of the people. Ideologies based on lies and violence collapse; they bear evil fruit and moral devastation. It is not enough for a Christian merely to condemn evil, lies, cowardice, enslavement, hatred, and violence. A Christian must be a true witness, spokesman, and defender of justice, goodness, truth, freedom, and love. He must courageously demand these values for himself and for others." Jerzy Populesko, Solidarność, May 27, 1984