9/11 - Market is in bouncing on air

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The market is up strong. Although the Fed Chairman had some less than bullish comments in Germany today. The US has a limited ability to repay debt? Countries are bidding up US Debt? Huh? Now that is a paraphrase, but sheesh even hinting that doesn't seem very good... does it?

This seems like a short covering rally. On of very little substance.

Buy gold, sell housing? That is my basic idea here.

I am looking at a few bearish housing plays, and a few sideways plays. I haven't traded anything yet, as the market is up, but still in the middle of the recent channel. This is a great thing for my IWM, SPY, SPY, and DIA short Iron condor trades. I do have about 43 orders in the market.

I guess I have a little Fergie music crush going

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