The trend has not changed!

Days like yesterday when the Dow was up over 200 points can be very unnerving. Especially if you are a short term trader. But sharp upmoves are normal in a bear market. However the upmoves are difficult to catch. This trend is still in place unless the Dow goes above 10600 and the S&P over 1130. So it has a long way to go to change the trend. The market is still going down, it's just a matter of time. Meanwhile my walks in Ireland today has brought me to a couple of cemeteries searching for ancestors. I came across a "Famine Cemetery" in Drumshambo. These were for the poor who died from the potato famine in the 1850's, so sad to recall those hard times in Ireland. People today are dying from hunger, it's a great use of your money to help the poor. We are in the money game here, remember it's only a game, and you can't take it with you. Give some away!