heremes, of course you're right,the spx down trend remains in...

heremes, of course you're right,the spx down trend remains in place.. but the technicals and some of the fundamentals and cross-market arbs look good for a rise from here. It might just be an up leg in a range bound pattern, or it could plummet, or it could make a new high but imho some sort of rise is the most probable outcome short/medium term (few weeks anyway). Put it this way, if it doesn't rise from these levels its going a whole lot lower. Maybe the employment data due tonight will do it if its really bad but it usually doesn't have much effect, just the regular weekly report.

Its been quite a while since I attempted to trade using trading warrants and sheesh, the international index warrants list has shrunk. And only the nikkei has warrants with maturities beyond march, so the rest are in their high time decay period now. No thanks. Looks like I'll have to refund my bucket shop account, its the quickest way to get back into it.