Tomorrow morning is the vote on mark to market accounting. This will be very important as it was be the catalyst for the markets till be get earnings season in high gear. I am so anxious to see what the decision is and also what the market will do. Again this is just fooling with the issues and not dealing with them but hey we have no powers as regular citizens so we are at their mercy.
I hope we rally so we can get on with it and hit some serious resistance. It is minutes to midnight and the futures are up lot and I think it is in anticipation of the mark to market. Lets just get a rally so we can get everyone happy so we can short. If we rally and sell off tomorrow it will prove once again that we are in sell the news mode and I would think we try to break that 770 area on this pullback. I dont think we crash and burn but we would get a significant pullback.
MARKETJEDI
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