Weekly Review

Some one once said the market's job is to inflict pain on as much people as possible. Last week's yo yo action is a perfect example of this. Bulls and bears both got their asses whopped. The week ended on a down note and possibly more beating is on the way for the bulls. But hey, anything can happen. Right now I'm still long TZA and SRS. Both look like they are in a consolidating bottoming process and still haven't broken through their down trend yet. A couple of solid down days in the market will change that quickly. We shall see.