RELIEF RALLY BEGINS...

Relief rally begins.
Wipe the sweat of the brow - as the DOW flirts close to 13000 but holds above it. I would say the upbeat guidance by INTEL helped to pause the collapse...and with the techs doing well we all turned around gracefully.
TSL is doing well for us. In at 42 day before yesterday- did not get 40 but 42 does not look bad as its 47 already today. IF there is a trade to be had its in the fast and furious movements in solar stocks. Catch a trading range in any of them and you are a winner. SPWR, FSLR, TSL, JASO are some of the solar stocks that have volatile moves -see saw... ing for us. Buy at the lower end of the range and sell at the higher end and dont be greedy.
Nibbling on some finance and housing (OUCH) may help - for a short term rebound. They have been oversold. LEH at 52 and DHI at 13.8 are good for a turnaround. A bit nervous on these picks but the downside is low. When the real relief rally comes once the FED cuts rates by 25 basis points (not a done deal yet... just my insight-)... financials and housing will recover... AND tech stocks will soar. Year end is notable for techs to rally including the online ones like EBAY. Have been screaming my vocal chords to buy EBAY-hope someone listened at 32- its 36 and heading for 40 without a doubt.
Once the market stabilizes I plan to do some serious blogging for newcomers... investors or traders. Theres a lot to learn about the market - making money is easy if you set your mind to be patient, set your gut to immune levels so it wont spill out on HORRIBLE days and set your brain to a discipline mode -to follow the basic rules...
The free writing that I do every day will not suffice for an education so pardon me if you dont understand the jargon.
But read on... monas mad market intuitive insights will amaze you and carry you through the troughs and tribulations... Trivializing money and making you a survivor is my goal and laughing all the way to bank or bankruptcy... is possible.
I could be calling for the rally to continue today- and we end green. Am quite sure we bottomed out.... but...
Hush... our friend the FED chairman BERNY (I like to call him) to make him less nerdy...is going to speak at 11.00 am... few minutes to go. If anything the market will head over up 200 points if he is friendly... or it could lose all its gains- and wont be surprized- in which case we BUY BUY BUY all over again. Easy, aint it?