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

My bullish bias!

Most of the worst news has been baked in.During the last run up a lot of money was on the side line which feels left out.Secondly our Government's save at all cost approach will not let the natural progression of market take place.I am not arguing that it is the right thing to do or will it work in the long term.But for now it will get the market going.At the most auto industry will be made the scape goat.
I am bullish heading to FASB's vote on new market to market accounting propsal.I won't be surprised to see uptick rule to follow soon.This can pretty much kill the bear market as it is.I don't agree with everything being propsed.But I'll trade which ever way it makes me money.
Right now solars are where the action is along with my favorite TNA and FAS.

Time to stream roll the bears!

Don't be fooled guys, this was a lame attempt on the bears part to make a come back.It was by no means a sell off, yeah we were down 250+ and there was bad news from GM but where was the volume?Quite frankly we learned nothing new today, any one who has ever driven a GM knew this day was coming.As long as we don't hear the word "nationalize" anytime soon we are going higher.

My ideal set up would be gapping lower and trapping some greedy bears in.Then blasting off around mid day finishing strong hopefully starting a massive short squeeze.I am looking at TNA, FAS,and Solar stocks to get in.My favourites to trade are YGE,SOL and STP.

Good Luck!

lsustockjunkie