Higher

I have been saying be careful with just saying this market is down and trust me it will BUT right now it is in an uptrend. After yesterday down day I told someone all the bears will be out after the close saying we are going down now but I dont buy it, what a good thing because we moved higher today and although we didn't erase all of yesterday's losses the volume was much higher which is bullish.
I have posted a couple of time I believe we are in a uptrend till July and I stick by that, any sizeable sell off will be met by serious buyers till then. I truly believe we will see the mid 900 levels on the S&P and DOW 8500 then it is anyone's guess.
Personally I would love to see S&P 1000 so I can make some serious money shorting it up there but right now I will just buy time.
Folks yes the banks and dead and the insurers and the real estate REITS but funds can't just keep buying treasuries and get 1% and less so they are gambling on buying some cheap priced stocks than will probably give them better returns trading in and out of them. Look at BAC when from $4 to $11, who wouldn't want to catch $2 move on that than be in treasuries. Now believe me they dont want to own these long term just for a trade and that's why the market is so whippy but BUYABLE till the FED starts to say they are easing what they are doing and then we will be in a safety zone buy. It is that simple not complex at all just wait it out if you not willing to trade it out.

Tomorrow I would be a buyer if we gap down. Remember DOW 8500 and S&P 900.