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S&P 500
5,460.48
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-0.41%
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US TECH 100
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-0.43%
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Dow Jones
39,118.86
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POKERSAM

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POKERSAM

Re: None

Monday, 10/13/2008 6:49:22 PM

Monday, October 13, 2008 6:49:22 PM

Post# of 31925
That was one heck of a bear market rally. Today had all of earmarks of a bear market rally. I look for wave 4 to end soon if it hasn't already. I call wave 4s in a bear market a frustration wave. The bulls just can't stand it anymore. Tomorrow will be far more important than today.
I sold all of my calls today and I am flat. My next trade will be puts for the continuation of the bear trend in wave 5 as I do not want to be caught long when the bear roars back. I will wait for the turn.
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