Ok, I just felt like I should post this too. I'm not tryna be a smartass or anything but it's kind of important. 150 is a very important level for the SPY (the S&P 500 depository ETF). If it can hold that level, we'll still see some very normal market activity. If it breaks down, watch for support in the 149.75 region. It should go back up from one of these two levels. But just on the cautionary side, if it breaks through both levels, we might see some correction again and so I'd stay in cash that way. But we will only be able to tell by the end of the day. I'm officially in cash today. I had held no positions overnight and quickly took the $30 loss I made on a trade. I'm glad I did, cuz the stock is down 5% today. That wouldve been a 400 dollar loss!!!! All of my watclist is in the red today and the QQQQs are gettin totally slaughtered. The mid caps are down more than 1%. Just shows you how important the big caps are for the economy. When the smaller guys are hit hard, they get punched bad. So stay on the sidelines for a couple days. If you're a new investory, don't be discouraged by events like these but just be cautious for now. I'll keep posting. (These ideas are found everywhere on the internet. Just helps when someone posts them on a common thread where everyone can see.) TT