SPY - bearish
RKH - bearish
UUP - bearish
GLD - bullish
DBC - bullish
VIX - side
A/D - bearish
ETFs - health led
HEAT - only healthcare and some goods up
ISEE - not much selling
Analysis: ok..i'm bearish now...think a great shorting opportunity was SPX 800 but even friday was agreat shorting opportinity...and any pop we get from here should be great to short to...atleast til the lows of the year...dollar should fall and gold and commodities should rise...think we have finally hit the 2nd phase of the recession which is dollar weakens ALONG with SPX...the next news topic will be about the weakening of the dollar and how the gov't is to blame for it...healthcare was the strong point and thinking that no sector will be spared with the next fall (except maybe commodity stocks), i shorted healthcare into next week...thinking less biasly though, we go have some support on spy and still haven't made a lower low yet...but it seems rather inevitatble for us to fall...maybe we will get a nice 2x top on the 30min chart to grab more suckers but judging from daily charts, we are doomed to fall much more
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