Yeah, sure, the market is rallying this morning, and so far I'm giving up some paper profits on my short ETF's.
But I'm going to attempt some semblence of discipline this time around. It's not time to panic.
After all, exactly why is the market rallying? Is there any good news today?
The CFO of Google just resigned. I'm curious why that would be. Smallcaps are rallying, albeit somewhat weakly.
In short, the bad stocks and bad sectors are moving a little, while oils and leading stocks are moving up...voila!...a rally...but not anything to get excited about if one is a bull or a bear.
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