Wednesday, January 21, 2009

Don't trust this rally yet!


I am a little skeptical of this move.I'll initiate a positions in the after noon.
On my radar
FAS
UYG
SSO

Good Luck!


Tuesday, January 20, 2009

Update

FAS gapped down and continued falling.It didn't present a good opportunity to enter.I am tempted to bottom fish here but a little gun shy. Still almost 2 hours to go certainly not a time to get short here.

Yes we can now lets hear how...



It will be an interesting trading day indeed.Lets see if the market likes what Obama has to say.
On my radar is FAS for a quick bounce here.