SPDR S&P 500 (SPY)

[2X-Be-Me]

euterpe1, it's easy to second-guess during such a volatile earning's season. I'm being particularly cautious about taking large short Rydex positions during this period. The Fed is pumping a lot of money into the economy, much of which is coming into the hands of the financial institutions. I still lean toward the bull side of the equation, and think we might have a big rally next week. It looks to me as if we bottom Monday and then go up for several days. But that's just my opinion, and I've been wrong many times. 2X