Sent out an email this morning to folks on my weekend list. Here is a little recap on it. Basically said the action friday was very disappointed and most fridays ahead of a 3 day weekend we usually go up. Based on what happened on friday I am more bearish than I thought I would be.
I am still waiting for a rally to that high 900 low 1000 area on the S&P but the longer it take the greater then chance of it not happening, we will see soon enough.
Have a great weekend
Saturday, February 14, 2009
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