B.B..B…BOUNCE :)

Here we go …

SEC’s “short rule”, Wells Fargo’s dividend hike, chart supports, small VIX spike, down manipulated oil, margin calls, Friday’s expiration and the soon to be released earnings reports …

Take whatever you want … believe the talking heads or have your own plan

Nothing changed … it is still Benanke & friends against the people

But … every dog has its day … use the bounce to evaluate your positions and be ready to attack again …

IMHO … it is NOT the time to be a strategic buyer here … it is a “TRADERS ONLY” market …

Enjoy … and stay tuned

Tags: Bernanke, BOUNCE, expiration, Oil, SEC, VIX, Wells Fargo

This entry was posted on Mittwoch, Juli 16th, 2008 at 22:49 and is filed under FDAX. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.