The end?

I'm picking a near term end to the correction. The bear in the room is just too obvious to too many people (check out Robert W. Colby on the link bar). The Dow is coming up on major resistance at 10750, SPX just took out some resistance, but just barely and may snap back, or continue to fall toward 1160. I think the Russell 2000 still has some major downside to 650, so I'm still bearish on the small stocks.

What's gotten me rethinking the bear is the NASDAQ, which is at major resistance, and has long term resistance 50 point lower.

I could be wrong, but since I'm pretty positive on my short term short positions, I will likely begin unravelling them tomorrow. I'll keep you updated...