This recent bounce in the Market is probaly going to be the last chance to get out of the market before we fall to 600 levels in the S&P. I moved all my 401k into goverment securites, and out of equites. I have told anyone that will listen to do the same.
Since this is Christmas, and to better the mood I believe there is some money to be made by buying into SSO, and SDS. Both are ETF’s, and this will payoff once this market retests the lows.
I am invested in both, and if the market still has fools buying to inflate it more, then I will continue to load up on the ETF’s. I may be wrong, but from the data I have seen its a better play.
However, the goverment has been manipulating this market, and I was denied a nice payoff Friday morning with the White House stepping in to bailout the Autos. These bailouts will only delay the inevitable.
