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ItsAllCyclical

05/06/09 3:21 PM

#18882 RE: Frank Pembleton #18881

Thinking they'll want the headline to read that bank stress test released and market rallies for tomorrow. I probably will short though sometime tomorrow or friday. Currently out of all shorts. Suspicious of this gold rally doing much ST. Think a bit more upside, but will probably follow markets on a pullback. Energy may outperform for the next 1-2 months until things start heading back down in earnest. Don't have a good feel ST so this is a swag. Markets appear in blowoff mode so I'm chomping on the bit to short, but too early and it gets painful fast.