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.
"The dazzling and consuming act of pride that transformed the angel of light into a prince of darkness condemned him to an insatiable, desperate to acquire. The loss of the wellspring of life gives rise to an essentially inextinguishable thirst. The entire world can not fill the emptiness. Having fallen from the eternal, Satan's desires are endless and insatiable. Having fallen from pure Being, he seeks to possess. All he takes into himself he destroys."
Denis de Rougemont, Switzerland, 1944