Hi, New month has started and horrible FEb passed, DOW and US market will attempt relief rally before it decide to go up or go down.
Stocks can't go up nor down, in ths market, taking a shorting position is also a scary strategy, i still believe relief rally heading back to 8000 is the first and retrace to 7500 and will have a rally to 8000 again and in July If there is a sign that US economy picks up, DOw will break 8000 and move near 9000 at the end of the year.
I still believe that economy will be recovering in 2010 so stock market usally perform six months ahead so At worst case, July is the key time. So i'll be long rather than short for a year.
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