Thursday, March 12, 2009

March

Well I told you March would be significant and it seem to be proving that way. Firstly I have gotten emails about the rally and in my opinion I think it is just a bear market rally, what I do find bullish about it is that it pushes pass areas of resistance without much effort. Now longer term this year I do believe we will trade somewhere close to S&P 1000 BUT I dont think this is the beginning of that run. There is a good shot we test those lows THIS month and then I will be ready to go on the long side with more confidence.

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