Down 300 day Monday

Discussion in 'Trading' started by MrDODGE, Mar 20, 2008.

  1. You can count on it unless we get some major positive news over the weekend. This euphoric rally in the banks isn't going to last. Citigroup even believes we are in a great liquidation phase.

    Today was the Easter Bunny rally and nothing more.
  2. If it does it will go up for the balance of the week. This probably isn't a new bull run, but this rally has legs.
  3. How about it goes up and down and everyone is happy.

    Too early to drop a new shoe. I prefer the rally to be chased higher another 100-200 points and then drop her like its hot.
  4. I went short all financials and small positions in the DXD and SDS for over the weekend.
  5. dsq


    GE looks like a major short...has bounced 6$ off its low for really no good will tumble back down with the market...maybe another 200 pts up then short but ge is running on fumes right now...

  6. I am looking at DXD again. That ETF is an ATM machine both ways on the Dow. I want another pop out of the market before going into it. Then the market can tank again.:)