This week it is apparent we are seeing traders test the market. There is support around the 1050.00 level on the S&P. Foreclosures and employment are still on the minds of consumers. Are we looking at a double dip recession? Or did we just not get out of the first one? Sometimes statistics are incorrect and maybe GDP needs a new equation or maybe other indicators should be used. The next few months might be defensive buying so do not be fooled into believing there is a bull market. Consumers are scared and more retail outlets will be going out of business.