STOCK MARKET WARNING - HURRICANE

Stocks made new lows, and closed at the low.

If volume was light, this could mean a prolonged correction.

The Fed has a habit of doing this.

KEEP YOUR POWDER DRY.
Fed funds will yield a riskless 5.25%. Take it

With today's price action, the technical traders will be licking their lips and fighting for a place in the pit to see this market and sell it if it goes south.

If we continue down for many more days, we will be below the large volume days of the last week in February, and that will become resistance.

The Techs will attack the NYA every time it pokes into resistance.

That will make it harder to bounce back.

Summary
We are still in a bull market, don't worry, but this could get ugly.