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.
"The days are coming when men will go mad, and when they meet a man who has kept his senses, will rise up against him, saying, 'You are mad, because you are not like us.' And I said, 'What can get us through such snares?' And then I heard a voice saying to me — humility.” Saint Anthony the Great, Abbot of Colzim Egypt, 251-356 AD