I just got back from a bike ride, so I thought I'd hunker down with some Market Futures... $SPY
Gird your loins!
It will be an interesting open. I haven't decided if I'm going to put cash to work and buy the dip and rotate from low-beta to high-beta, or just watch it play out. My thought is that this will take a few weeks to unfold, with trading ranges and retests of bottoms and such. But my other thought is that money put to work on the gap down tomorrow will be higher in the coming months.
Of course, everyone probably thinks that, eh?