S&P 500 (Dec 12) INTRADAY Review Yesterday the S&P played out another bearish session with another extension to the downside resulting in a near four month low and putting the index over 8.5% off September’s high. The US session was dominated by the economic data which showed some very alarming numbers on the face of it (Initial Jobless claims at 439k in particular) however the effects of Hurricane Sandy are almost entirely to blame for this spike and it does not necessarily reflect a