Turnaround Tuesday?

I hereby declare this rally temporarily over. My target of the 850 range has been hit, now it's time to backtrack a little bit. I'm sticking to my revised number of 770 as the target.

The talking heads have been having a field day the past 5 weeks proclaiming the recession and the depression over. We've had a nice 25% rally from the bottom. However, if you look back to October, November we had it happen once before and then we continued moving down. We've hit a very interesting resistence line and if we do start moving down it'll be interesting to see how far down we end up going.

I bought some short shares Thursday and today and I'm hoping for the pullback now. And if things look as I expect them to I'll be putting my retirement money in.

Have fun everyone.