Today is the 2nd anniversary of the bull market that started on March 9th, 2011. We got our pull back today even though we closed off the low again. Momentum leaders in technology, semiconductor and network suffered the brunt of selling.  In addition, the fact that the pullback today in the USO did little to bring in buyers is troubling. That said, the announcement of a new POMO schedule tomorrow may lead to a bounce if we have further weakness early in the day. We also have the IPad2 starting to hit stores on Friday and option expiration next week as potential catalysts.
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