As you saw today the rescue operation did not do much, the market opened high and tumbled down fast.
We are still long all the inverse ETF's such as QID, SKF.
Also stay short the Index funds like QQQQ, XLF.
Buying and holding is a still long ways away.
Stay away from the financials, as a lot of analysts are recommending get away from the idea that banks are too big to fail.
In the end you wont know how much bad paper these banks have yet to write down.
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