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To: The Ox who wrote (1428)2/26/2013 5:38:52 PM
From: The Ox  Read Replies (1) | Respond to of 8239
 
A healthy short term correction target would be about 15-18 points lower than where we are at the moment (1482ish). Especially if it's hit within the next couple of days. That should worry the bulls enough and get the bears hopes riding high.

SPY hit 1487 today....after running to 1532. 3% drop. The last few days makes the lower target of 1418-1420 look much more likely.