Too much leaning on one side

It's not enough to call a rally from, but I'm seeing way too much leaning on one side of the market here.

Everyone is calling for the Euro to get crushed even more, and for the market to get taken out and shot.

The reports of Santa Claus skipping us this year are premature.  We aren't even at the half way point for the month yet. The deeper we stretch down, the better chance in my opinion of getting a bounce.

I'll leave the bottom picking for the daring, but I'm not ruling out an afternoon mark up today.  1215.50 basis the S&P Futures is still my line in the upside sand

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