re: Predictions on what the CPI will come in at tomorrow and how the markets may react

I'm going CPI higher than expected with more bad news in the underlying numbers. Today, the SPX posted an inside day while in defined downtrend which is usually not a good sign for an up day tomorrow either. These factors lead me believe we will see continued downward pressure causing a decline in the 2 to 3 percent range.

I've been short since the last little rally back on the 4th of October so my opinion might be slightly biased.