NOT BAD... I SEE ENCOURAGING SIGNS

VIXX= volatility hit 37- that is a sign of bottoming out.
FED cut by 75 basis in between meetings- sign of panic- so sign of bottom.
Financials are at rock bottom levels- bargain hunters come in.
Retail stocks behaving themselves in a market that is down 370 points- KSS is up, LOW is up, HD is up.
SO the sectors that have been hammered are now showing signs of recovering some.
I bought COH at 23.5- JWN at 29- TGT at 48 in retail.
FRE at 27 - and FNM at 31- these are the stocks that should rally when the fed cuts- while the market is still in a dillemma time to pull the trigger. Financials are to feel better when the fed cuts- but are still swooning- so time to buy them- !
INFY at 37 and CTSH at 24 and BRCM at 22 are looking too good to be true.

We have to realize that the global markets crashed because we started it- I should say the fears of recession out here and the fed doing nothing were the catalyst. Now with the fed having taken action, we have to feel better and the globe feels better. With markets in India feeling the pain of 20 per cent down turns in 2-3 days- on no bad news- I see upside rather than panic going into tomorrow- if wall street closes at least above its lows of today.

Brace yourselves for some great money making this week. Put in your buys today and trust me the outcome will be greeen. My trading cap says- we put in a botttom today. Touche.




Until the market rallies some at the close- the worst may not be over. But trading opportunities were never so good.