April 1, 2009

From today's close, I see another leg down

SDS is almost close at the higher of the day.
I'm considering to buy some FAZ in AH trading.
Today is just window dressing, plus a rebound from yesterday's sell-off. It's over now.
Next week, it's a brand new start of a new month, a new qtr. Even though we had a very bullish month in March, however, if you look at the qtr,it's still a terrible qtr. Given the earnings will not be good for sure (unless if everyone do book-cooking), perhaps market will easily give up its gain in this month. By the end of June, people will completely forget about this cureently so-call mid-term rally at all.

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