Need a Stimulus for the Stimulus

WHAMMY!!! And there you have it. Geithner drops the stimulus on our laps and the market hates it. Perhaps it had to do with how vaguely it was described. Perhaps it had to do with the talk being directed to "Main Street" and not towards "Wall Street" (i hate those generalizations by the way). Perhaps it had to do with the fact that wall street hates the idea and wants government out of the way. Either way, the markets responded as expected, with a hard move in one direction. Unfortunately for bulls it was down. But thats okay. I just take things as they come. And right now, all the major indices are sitting right on support. It never fails to amaze me how that happens time and time again. I wont post any charts but ill describe the general levels of support. The Dow is sitting right on support at 7900. This has been acting as support for really dating all the way back to the 2001, but looking at more recent times, it has been hit repeatidly and has ever time but once in November. The S&P is sitting right on diagonal support in the 825 area. If this breaks the next area of support is at 800. The NASDAQ is sitting on horizontal support in the 1520-1530 area. If this fails, which it very well may, the next support will likely be at 1480, where both diagonal and horizontal support will meet. As for my current positions, I closed out LNCR right after the open. The stock gapped lower by a couple bucks following earnings, but as I watched it premarket, the opening price kept creeping up and up. And this continued right through the open. I closed quick as i could. My other 2 positions, BTU and KALU, I am still holding on to. Both followed the market down. No biggie. My stops remain where they are. But I am really watching the diagonal support line to see if it holds. As of right now there is no reason to think it wont, but if it gets penetrated, I may close out before my stops get hit. Perhaps a little pre-emptive but I can always reenter later, whereas i cant necessarily recoup lost money so easily.