Sold my SSO & QLD yesterday thinking this rally is over
done and a pop in oil and prods is in the offing.
Stupid me, the 'pattern' (sorry to aereo) is that whatever re-
traced at days end (85 pts yesterday) gets tacked on to
preopen with no regard to fundies/news/oil/dollar.
The absolute easiest way to make big money here is to
buy any opening weakness in the S&P, the greater the
weakness, the surer the bet.
IMHO a big short op is coming up soon, the pattern of
selling short 2 days after the fed cut or non cut has also
become a no-brainer trade. The bad news is that this
fed cut reversal would be the 4th trip to the trough so i
will be lightening my bets.
Good luck all, i welcome your input but do not need to hear
of fraud or manipulation, seems the same lames keep sing-
ing the same old songs. . . nothing is ever constant.