Everyone is expecting a bounce. I mean everyone i read. There is no way i am getting long this market over the weekend. If we sell hard on monday i may get long, but more than not i will wait and look to reshort.
USO and GLD are pretty batterred. If someone "Has" to trade i would look there.
I will hold my TLT, UUP, and VXX. Will add to these over the next couple weeks on any weakness they show.
Wednesday, January 27, 2010
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