People are jumping on the band wagon today because unemployment numbers came in better than expected. This is short lived and the support levels I discussed seem to be on track. 1035 is lowest this market can go without causing panic. The S&P could trade between 1045-1065 over the next few weeks. The DOW is trading properly and should be around the low 10,000 level. With stocks getting beat up expect more announcements for M&A. It was mentioned earlier this week that M&A has picked up from a 2 year drought. Typically after a recession companies get swallowed up or go out of business. The thing is did we ever leave the first recession?