there is a possibility that the SP 500 could test 50% of its gains. Which puts it around 1200. Sometimes the least likely possibility, the answer that escapes everyone, is more likely to happen. when does money flow out of equities?, what worried me is that we didnt bust through the highs before collapsing. This type of picture means a significant downturn is possible. The american public similar to the Japanese collapse in the 90's might be range bound. A significant shock similar to the nikkei collapse range bounds the market for a few years. So looking at parallels. The derivative and psychology of the collapse if its not rescued fast enough, can lead to flows into bonds. Where people become risk averse.
You have to handle rallys in a downtrend the same way you handle buying in an uptrend. Balls of steel help. Of course, you only know if there is actually a downtrend after the fact, otherwise it would be a tad too easy
Thanks bro, how do you get to know these symbols? Got another list from here:http://money.cnn.com/data/funds/etf/screener/etf4.html Can also try QID, has more volume