SPX 3-21-12

I apologize for my absence here over the past few trading days as I know we have like two hits a day and you must be eager for my tutelage....

Anyhow, we are beyond 11am and still red? Is this possible? I guess so, but, probably won't last long as we're only down like 25bps.

Bulls are still very much in control. Bears must break 1400 and then 1398 (yesterdays low) and 1390 (low from 3/14) to have any hopes of any kind of "correction".