9/11 – Market is in bouncing on air

The market is up strong. Although the Fed Chairman had some less than bullish comments in Germany today.


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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