Wow what another turbulent week. We have discussed in past writings the importance of the Oct 10th reaction low of S&P500 840 -- not only did we retest this level on Thursday mid-afternoon, but breached it causing panic levels to rise and stops below 840 to be taken out. After a quick trip to 820, markets were able to rally above 840 and close well above this important low (911 to be exact) on high volume. For further discussion of Thursday's action, please visit our latest Morning Cup of 'Jo posted this Friday. Enjoy the weekend.