SP500 Weekly Lows

SP500 took out last week's lows while the Nq100 and DJI were just able hang onto to theirs.Last Friday's late news by CNBC, drilling the bears, that Ambac had would announce a workout early this week was sheepishly covered with ten minutes left in trade today and revealed a workout never materialized. Oops. Well, if there is news, it will sure be news to CNBC.