Happy non-labor Labor Day

Nice August print of no jobs created.  First time since 1945.  This is all playing out like a bad movie.  There is no circumventing a global credit collapse.  Strap your seat belts on and keep what is left of your dignity.  Take the finger you are pointing and point it at yourself.
Real money returns to the market after labor day.  Their votes will be cast this week and next and should define where the markets will be going.  A quick glance today shows that they are fleeing to safety in the US Dollar, Gold, and Treasuries.  If that continues, we can all assume what will happen to equities.

There are three important levels this week.  They are 1140, 1120, and 1100.  It would surprise the heck out of me if one of these levels did not induce some buying into Thursday.  By Tuesday of next week we should know the direction we are heading into October.