BTFD

We are not going to go down much from here.  We may hit 1400, but I don't see anything below those levels sustaining.  The market is too strong considering the fiscal cliff news.  The weak hands are out of this market, but there are a lack of buyers because of the uncertainty, so lack of buyers and sellers at current levels.  Europe is no longer a drag on this market, and neither is Asia.  So you have no global bombs going off anytime soon.  The overseas markets are quite strong, which is being overlooked by the obsession with the cliff.   I would rather be a buyer than seller today, looking for another push back above 1420 in the coming days.