Disappointed, but not discouraged!!

Just look at VIX. The market rallied 3% and the VIX barely budged. I hated the fact that the shorts covered in the fear of what is to come on the weekend and early next week but it will be time to short soon. I got stopped out of many of my trades but I am still net short this market for now. If we chug along slowly on the other hand, I would give up my bearish view on the market. This is primarily because of the fact that the market usually bottoms before the economy does. If this stimulus is really going to do something for the economy in the short term, we should see the effect in the market, i.e., the VIX will come in all the way into teens and the market will chug on to the upside slowly and pierce through all the resistances (150 and 200EMA that is).

As always, I will end my post by saying, "lets see what happens" :).