Market update

Market being cracked here and we heading towards the mentioned 1385 area now for testing on the S&P.-
APPLE getting totally crack here and as mentioned in December when it was $200 I said it should trade back to the $165 area where it just have. Google and BIDU will be under pressure here with the market retracing and I predict Google will be sub 550 very soon. I dont see Google being over $300 in the next 2 yrs but who knows.
Gambling stocks still under pressure and SOLF my stock to watch as a short is now down $4 wow. Yesterday when it was $25 i said it would soon be a teenager and so it will happen here in the coming days currently trading at $20 that was a quick play

Midday Update

Wow I guess i was right about SOLF headings back to the teens, it is down $2.50 already today. My call on the gambling stocks are also proving fruitful. MGM, WYNN are in a bloodbath today and I truly expect more. The news this morning of Citibank writing off $18 Billion can't be good for the markets and the economy.
Wholesale prices shot up by the largest amount in 26 years while retailers had their worst December in 5 years. Those who want to hide the fact that we in a recession or going into a deeper downturn are just dreaming. The housing market seem s like it will take a much longer time to recover and the market is now thinking the same.

TARGET TO WATCH:
Target to watch on the ES is 1385. A flush to this area will more than likely lead to a high percentage buy opportunity.