WRONG!!!!!!!!!!!!!!

That wasn't a very good prediction on the mkt today by yours truly. So I am eating crow and I will lay the blame on the bond market as the 10 year rallied to 4.74%, up over 1% on the day. The good news is that the indicators are starting to lineup for an oversold rally. The SPY is at a 2 day RSI of about 14 and the VIX isn't quite at the overbought level I like to see (10% above its 10 day SMA). If we have weakness in the morning, I will be buying as the indicators will be aligned.