"I think the technical guys are holding their breaths that we don't slide below 7552 or thereabouts on the Dow, which it hit around November 20th of last year. Not much holding it up below that, as I understand it. We got down to a heart thumping 7560 today, which is close enough, I suppose, to constitute a double bottom, if we go up from here that is. The drama plays on, and I'm getting crossed-eyed watching it and the paralyzed snakebit ECU."

Well the 7552 level held...by a hair! I don't expect many equity investors will get a good sleep tonight. Talk about cutting it close!