Monday, February 23, 2009

Rally Time Tuesday?

A depressing chart above , just putting into perceptive the decline we are in. A huge M pattern is formed from now and the lows we are currently trading are in 1997 Era.... WOW!!!
Well we have sold off some 7 days in a row and have had no change in character to believe any rally will hold. |Everyone has been sold off into. Will Tuesday be the day we push down to new lows and recover? Or simply take off and actually finish strong!. As suggested last night , have bought the dip in this market. Currently long form 755 area as a swing for what should be an incredible upside reversal. Also I have purchased some April index Calls as well. As you can tell I'm locked and ready for the upside! Now we need the market to help us out! LOL....
Rally Time! Good luck and trade well.

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