Stocks Fall Through the Floor

Once prices fell through support, the bottom fell out. Stocks are really getting plastered now! Amazing, given the strength of the mid-day rally today. The S&P got back to flat, but stocks have since fallen back to the equivalent of a 200-point drop for the Dow.

I really expected the market to rally and sustain it. This is why I must relentlessly work hard to maintain control over my biases and trade what the market and the charts say instead of what my bias or opinion is.