The market went down today. Do not be surprised if it goes back up on more rumours. In a nutshell the Dow went up 180 yesterday ( Europe bailout) and down 70 today ( Europe NOT bailout) on basically the same rumour mongering. My feeling is that any surprises are more likely to be bearish than bullish so I am still positioned in TZA, EUO & ZSL. Monday could be a bad day for the markets if they find the Europe is all BS over the weekend.
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesJune 2012 Categories |
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