An uninspiring rally

It is still a jittery market, a very volatile one actually.

The market opened with optimism, with ECB pumped 0.5 Trillion Dollars into the financial market. however, when GS said short term outlook was not very promising, market immediately sold off. Even though the market went up high at the end, it showed how much the investors on the edge.

If you looked deep into the today\'s action. it is more of a short covering rally, the stocks went up the most are the ones have been down in the last week or so, and the leading stocks are actually down or flat. that is how much confidence the investors have.

I still believe the best action is the defense, we may see a up day or two, but overall market is just very uninspireing