I thought that the market had a good chance to correct 50% of the overnight selling wave, but the sell orders out paced the buy orders, and we got a rather rapid decline in the first 30 minutes. However, after 1000 ET, the $TICK simply would not cooperate with the bears. As the futures declined, the $TICK started trended up. That got us a little correction to the upside, but not much. After that, the market traded in a relatively narrow range.
Charles
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