Markets broke technicals for S&P 500 and looking for the further down another 15% if you are one of the bear as we already 14% down from oct highs.Tomorrow if Dow and NASDAQ does break the aug low's and market support then this market is bound to take another 300+ points down but if fed gives any promising speech on option expiration play with markets oversold we will see a strong rebound for another range bound rally.
Ultra short ETF's volume on raising so I hope they are good play when markets are bearish.
PSQ DOG SH MYY QID DXD SDS MZZ SJF SFK SDK SKK SMN SZK SIJ
DUG SSG REW SDP FXP
Thursday, January 17, 2008
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