8:30 AM
There are 2 markets in this market. One is the bear and one is the bull. The bear is the financials, real estate, food, high oil price related. The bull is high tech, metal, oil related, and low dollar related. You have to understand how to play with them. Never short the bull, and never long the bear.
I have been made a couple of mistakes on longing the bear (HOV) and shorting the bull (RIMM). You have to clear it up RIGHT NOW.
The market is still in the down trend correction. Keep on the dry powders. I don't think in this overall bull market, the bear is fatter than the bull. So looking this correction as the bull buying dip opportunity.
10:00 PM
In the morning, I have loaded the stocks listed last night. The market closed mixed with tech strong, and DOW lagged a little.
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