It is not the time to short or go long. Should stay out of the way if you are not in this.

The uptrend still there. if you draw a channel paralle to the top tend and the bottom. We did not breat the uptrend channel. It touched the lower bottom. I really don't know how high bulls will push this.But if we get under 815, you want to sell. One thing for sure, we are going down. Not sure when, I bet it will be in the next 6 months.

Watch for unemployment, it will get much worse. Obama can't create job orally fast enough. Soon he will talk about creat 8 million jobs. He knows nothings. I believe he is part of the problem. So far he changed nothing but continuing the path we are on.

The end game is hyperinflation. I trade the deflation but prepare for hyperinflation.