There's a certain sense of fairness (i wouldn't use justice) in a bear market. I've been on the other side where my past posts reveal how in a bull market i'd have a solid pick and an analyst or bank would shoot that stock down because THEY think it's overvalued (just to manipulate the stock for THEIR entry point).
Now in a soon to be confirmed Bear market (i'm unsure if this is a short-term bottom), it's fair now to bank some change for having sufferd manipulations that hurt the individual investor.
This is the first time i've participated in a bear market. i'm not at all that confident in throwing a boatload of $ into it. just managing risk again.
A fellow trader (who's alot better than i am, if not more disciplined), reminded me to view this bear action as a flipped bull, which i know... but trading that way is completely new for me. Now, i have to think, this stock is NOT getting cheaper, but more valuable.
also looking good for the bears, still above their 50 EMA:
-FSLR, STP, SOHU, GOOG
-questionable in this group would be MA still 20+ points but fighting back and Visa's IPO may actually drive it up.
touching their 50EMA:
-AAPL, RIMM, BIDU, FWLT
if they don't rally tomorrow, it's going down... interestingly enough, i'm looking at LEAPS that are hopefully gonna be dirt cheap and pay months from now
The finance sector seems to have reached bottom
GS would be the only one i'd go long...which ain't happening anytime soon
The value stocks and certain currency ETFs are making $
-FXY, CLX, PG... obviously the ultraput ETFs are banking $ as well
In the end, like any trader... you would want a clear direction. things seem to be pointing lower, but lower Oil prices may give relief not to mention, Big Ben saving the day for the bulls.