

The Dow Jones index was up 889.35 (10.88%), back to 9000 level closed at 9065.12. The other US market index are also up about 10%. I still don't know the reason why the market was rally so much, maybe because of the market in Asia was up more than 10% and expect the Fed will cut interest rate 0.5% to 1%. Well, the trend continue to be bearish, but the rally of 10% is a strong signal to the market though the volume is not as significant as a reversal signal.
As mentioned yesterday about" any up days of this week maybe a runaway day or a good day for short...", ha, it just happened today though the 900 points rally is definitely out of my imagination.
Some of the short position is over 5%, but I think I will wait until tomorrow to prove that I should take a lose and get out of the short position, at this moment, I still believe that the bottom is still way to come.
Today's Trade:
Bought SMN $93.36
(*setting to buy this price was too high, originally was try to set EMA10: $87)
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