NASDAQ and RUT gapped open lower this morning and set the tone for the day. SPX lost $24 to close at $2081, breaking through its 50 dma at $2085. RUT closed at $1252, down $21, but still well above its 50 dma at $1239. We expect trading volume on option Friday, but one would especially expect higher trading volume on a sell-off like today. Trading volume jumped to 2.4 billion shares in the S&P 500 stocks. Trading on the NYSE was up 13% and trading volume on NASDAQ increased 18%. The VIX wasn't up as far as one might expect on a day like this, closing at 13.9%, up 1.3 points.

The conventional wisdom on the street was to blame the market's concerns on Greece and China changing some of their trading regulations. But noting that we have a nervous market that sells off at any twitch has been said before. We'll see if there is much follow through next week. I follow IBD's Big Picture market indicator; they have been on "Uptrend Under Pressure" since March 9th and I have been surprised it has not shifted to "Confirmed Uptrend", but today's market action proved them correct.

Forget about today's market and enjoy your weekend. Dote on your kids, grandkids, other kids and your friends. That will recharge your batteries for Monday.