Swing trading this sector is still the best play. I said it last week when I thought the bottom was being put in...that the move up would be a swing trading dream. So far, it is.
This is NOT going to go straight back up. It's going to be a long, methodical process that takes weeks/months. There will be ups/downs along the way...hence swing trading. This holding stuff is driving me nuts!!
Smitter is right, the direction for the LT comes down to what the circus, errr...I mean Fed, says on Wednesday.