Well today we got a bounce and what a bounce it was pathetic indeed, no volume and just the oversold financial really pushed higher. I am going to follow my instincts here and say it was all based on Bernanke talking today and nothing else. I have no faith in bear market rallies and saying that there is no way we have seen the lows. A matter of fact I think we have a terrible March.
I will play it as it comes and if this is a rally we can jump on board for real but I have no reason to believe this is sustainable beyond a couple of days.
MARKETJEDI
I will stick to my plans
Tuesday, February 24, 2009
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