January 15th, 2009 10:01am EST

Markets continue to drop here, currently bouncing off initial support at 1470; 2-day low in the Nasdaq composite, and bearish trins. Not trading today most likely. Big drops in C, BAC, LEAP, ARTC, EXM on open.


Post market: as anticipated, today ended up being a bullish day, we'll see if it continues tomorrow. Remember we trade based on *patterns*, like this 5-6 day NASDAQ/NYSE composite trend pattern I spotted weeks ago, and candle and western patterns. Dow 8000 near-term support.

-k