Wednesday, April 1, 2009

Bears are toast!

The futures are pointing higher and tomorrow could be a very tough day for the bears.Looks like the market will respond positively to the market to market decision.Life is going to get very tough for the stubborn bears out there. They are drawing lines on their fancy charts and trying to convince themselves that this rally will come crashing down. But the fact is that easy money is on the long side.So either get on board or crash and burn.If you are late to the game trading 3X bullish Etfs can make a quick buck.My favourite are TNA,FAS,and BGU.Just remember that it is a traders market right now and the short term trend is bullish.I hope I can get in a few more long positions in the morning.If we gap up (which seems likely) I'll wait for the first pull back that usually comes after 15-30 mins.
Good Luck!
lsustockjunkie

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