S&P500 continues its uptrend since the 52 weeks low of 741.02

^^ Hardly any rally will go a straigth line everyday. Q1 of any year is typically a strong season for stock...
I seriously doubt we will go below November low of 741 for the S&P during Q1 of 2009. Though I can't say that for the period after Q1....December 2009.

We will surely boucing along the November bottom for now with indexes heading up here & there, not heading to any new lower low in the near future, from now until Q1-2009.

Having said that I don't mean to buy & hold until end of Q1-2009. I said since last week, buy at pull back around 20SMA-on daily, take profit at/near 50SMA... repeat the same action though every channels that applied....unless the charts show a new trend.
 
Quote from S2007S:

950 seems to be the next resistance, will have to wait and find out.
More...

I am so happy I went short at the close. Shorting at the close is the most consistent strategy. More action after hours than during market hours these days. Look at the 5% drop last week after hours.

I am already up 1%+.
 
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