4Q 2011 Advance GDP is out tomorrow morning.
The selling today had little volume behind it, and it looked more like a consolidation than a top, at least so far.
I'm flat the market now, and waiting to see what happens next.
"Even the holy Name of God is being dragged into discourses of death. A world with one heavenly Father vanishes, as in a nightmare. We are met by threats, rather than the invitation to listen and come together. Those who pray are aware of their own limitations; they do not kill or threaten with death. Death enslaves those who have turned their backs on the God, turning themselves and their power into an idol to which they sacrifice every value, demanding that the world bends its knee." Leo XIV