If futures manage to find support and the cash S&P is able to stay above 1250, I'll expect 1292.66 to remain the upper target. Below 1250, risks 1225 and 1200. 1225 (the 38% retracement) was never hit on Thursday, so that may have been the tip off.
Heading home from Chicago I started to miss it a lot. I always meet so many great people when I visit, and I already miss my friends there too. I always have a blast with Chris and his family.
I was taking some back roads through Indiana as my mood was darkening. I got saved by one of the best burgers ever at Schoop's. Since 1948, this place has been cranking out good, honest burgers that are examples of what I love about this country.
The classic diner look in Portage, IN
The bun was just the right size. The meat was full of flavor. You could have made a side-salad out of the gigantic piece of romaine lettuce it was served with. The pickles were perfectly sliced. The tomato was deep red and juicy. No wonder it was called the Special Cheeseburger.
Holding this beauty was like holding the best of America in your hands.
I took Route 6 through some amazing farm country in Indiana and Ohio. Getting off the major highways is a breath of fresh air. Instead of feeling like an endless extension of a corporate balance sheet no matter which State you're in, back roads reveal the true spirit of America that even the government can't trample. The world may be awash with debt problems at the government level, but at the personal level, life goes on, and the spirit of hard work, ingenuity, drive, imagination is alive and well.
We should all get off the highway once in a while.
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